Bitcoin Tests USD 22K, Ethereum Inches Higher, Altcoins Rally

cryptonews.com:

Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week.

Similarly, most major altcoins are moving higher. ETH gained 9% and neared the USD 1,500 level. XRP is moving higher and might test the USD 0.40 resistance. ADA could accelerate if it clears the USD 0.50 resistance.

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After a close above the USD 21,200 level, bitcoin price started a steady increase. The bulls pushed the price to almost the USD 22,400 level before BTC corrected lower. The price is facing resistance near the USD 22,500, while the next major resistance could be USD 22,800, above which the price could rise towards USD 23,500.

On the downside, an initial support is near the USD 21,800 level. The next major support is near the USD 21,500 zone, below which the price could start a stronger correction.

Ethereum price remained in a strong uptrend above the USD 1,350 level and managed to near the USD 1,500 level.  ETH is currently consolidating gains near USD 1,480 and is up 9% in a day and 26% in a week. The next major resistance is at USD 1,550, above which the price could test USD 1,650.

On the downside, the price might find support near USD 1,450. The next major support is near USD 1,400, below which the price could test the USD 1,320 support zone.

Cardano (ADA) is gaining pace above the USD 0.45 resistance. It is up almost 8% and is trading above the USD 0.48 resistance. The next major resistance is near USD 0.50. A clear upside break above the USD 0.50 resistance might start a stronger rally.

BNB is rising above the USD 250 resistance. The next major