Bitcoin Holds Strong While Ethereum Dips, RVN Jumps

cryptonews.com:

Bitcoin price gained pace and settled above the USD 22,000 pivot level. BTC is currently (04:00 UTC) showing positive signs and eyeing more upsides. If there is a correction, the bulls might appear near USD 21,500.

Besides, most major altcoins are slowly moving lower. ETH declined a few points and struggled to stay above USD 1,700. XRP is consolidating above the USD 0.35 level. ADA declined below the USD 0.50 support.

After a clear move above the USD 21,500 level, bitcoin price settled above USD 22,000. BTC remained well bid and even attempted to surpass the USD 22,500 resistance zone. It failed and started trading in a range. On the downside, an initial support is near the USD 22,000 level. The next major support is near the USD 21,650 zone, below which the price could test USD 21,200.

On the upside, the price might struggle near USD 22,500. The next major resistance is now near the USD 23,200 level, above which the price could gain bullish momentum.

Ethereum price started a downside correction after it failed to test the USD 1,800 level. ETH dipped below the USD 1,720 and USD 1,700 levels. On the downside, an initial support is now near the USD 1,680 level. The next major support is USD 1,650, below which price could revisit USD 1,600.

If the bulls protect USD 1,680, the price might start another increase above USD 1,720. The next major resistance is near USD 1,750, above which the price may perhaps test USD 1,800.

Cardano (ADA) failed to clear the USD 0.52 resistance zone. It is correcting gains and trading below USD 0.50. If there are more losses, the price may perhaps test the USD 0.48 level.

BNB struggled to clear the USD 300 resistance zone. It is slowly moving lower and trading below USD 295. The first major support is