Last week, BTC exceeded resistance levels at $ 3,500 and $ 3,800. And opened the door for further gains, and breaking the US $ 4,000 barrier set by the BTC / USD seems to be preparing for a new hike above USD 4,600 and 4,800.
Similarly, the ETH performed well recently and exceeded the resistance levels of $ 120 and $ 140. The resistance also broke through the resistance at $ 0.400 and surpassed $ 0.415. From now on, earnings could be higher as long as the price of the BTC exceeds $ 3,720.
-Total capitalization of the CRYPTOcurrency market
-BITCOIN PRICE
Bitcoin experienced a strong upward trend above resistance levels at $ 4,000. The BTC / USD index rose nearly 5%, with an immediate resistance of $ 4,250. If the BTC / USD breaks resistance at $ 4,250, it could test the next resistance level at $ 4,600. The main current weekly resistance is close to the $ 5,000 level.
On the downside, initial support is $ 4,000, followed by weekly support at $ 3,750. If there is a daily close at a price below $ 3,750, the price may drop to $ 3,400 or $ 3,320.
-ETH PRICE
The price of the Etherium took a bullish momentum and exceeded the resistance levels of $ 124, $ 128 and $ 132. The currency has risen more than 15% and tested a resistance of $ 150.
The price is currently approaching the first support level at $ 142. If there are more losses, the price can test the support level at $ 132. The main weekly support stands at 125 USD and the main weekly resistance of buyers at 150 USD, followed by 155 USD.
-Prix BITCOIN CASH AND XRP
BTC CASH traded well above $ 200. The currency index rose nearly 7% to $ 205 and could exceed the resistance levels of $ 210 and $ 215. Bitcoin SV is also trading with a bullish bias of over $ 100 - $ 105. The BCHSV must break the resistance between $ 112 and $ 115 for a $ 125 rally.
The XRP finally crossed the resistance zone between 0.400 and 0.402 dollars. The XRP / USD rose more than 15% and broke the resistance at $ 0.415. The next big resistance is $ 0.420 and support stands at $ 0.410.
-Look at other alternative CRYPTOCURRENCY markets
Recently, many alternative small-cap CRYPTOcurrencies have risen by 15%, including PIVX, QTUM, LKY, DEX, NEO, REP, NEXO, XTZ, FCT and ZIL. Among these currencies, the PIVX index rose more than 40% to $ 0.95 and the QTUM index rose 22% to $ 2.95.
In summary, the price structure diagrams contain many positive signs suggesting additional earnings in excess of $ 4,250. Developers can extend the current bullish wave to around $ 4,600 or $ 5,000. Likewise, alternative CRYPTOcurrencies can continue to increase their earnings.