Bitcoin price started the week struggling to clear the $23.200 resistance and is currently consolidating above the $22.500 level. BTC is down nearly 1% in a day and is up 9.0% in a week. Cryptocurrency market cap is $1,05 trillion, down 0,06% on the last day.
Likewise, most major cryptocurrencies are in between highs and lows. ETH is facing stiff resistance near $1.650 and $1.630. XRP is trading near $0,42 and is still trying to overcome the $0,435 zone. ADA is aiming to overcome the $0,40 resistance zone and has found resistance near $0,39.
US stocks were slightly higher on Monday as investors braced for a week full of corporate profits and contemplated the Federal Reserve's next rate move ahead of the central bank meeting later this month. The S&P 500 added 0,9%, while the Dow Jones Industrial Average added about 240 points, or 0,7%. The high-tech Nasdaq Composite took the lead again, rising 1,5%.
In this article, we will discuss:
bitcoin price
After another move above $23.000, the bitcoin price faced strong selling force from the bears near the $23.350 zone. The price failed to gain bullish momentum and is currently consolidating near the $22.800 level. An immediate resistance is near the $23.500 level. A proper close above $23.200 could pave the way for a fresh rally. The next major resistance is at $25.200.
On the downside, an initial support is near the $22.300 level. The main breakout support is near the $21.500 zone, below which the price could start a stronger decline.
Ethereum Price
O ethereum price made another attempt to pick up pace above the $1.680 level. However, the bears defended the $1.650 resistance zone, and ETH is now trading near $1.620 again. ETH is down -1.5% in one day and up 4% in one week. To start a new rally, the price must break above $1.620. The next key resistance is at the $1.680 level, above which ETH can test the $1.820 resistance zone.
On the downside, an initial support is now near the $1.600 level. The next major support is at $1.550, below which the price could drop harder.
Price of ADA, SOL, DOGE, XRP and MATIC
O cardano price (ADA) struggled to clear the USD 0,385 resistance zone and is now correcting down. ADA has strength and needs a close above the $0,38 zone to test $0,4320.
O solana price (SOL) is trading near $25,50. A close above the $26,50 zone could see the price test the $35,50 resistance in the near term.
O Dogecoin price (DOGE) is consolidating above the USD 0,0820 support zone. The main breakout zone is near the USD 0,089 level, above which the price can rise to the USD 0,1020 level.
O XRP price it is struggling for a rally above the $0,435 zone. The next major resistance is USD 0,4650, above which a rally to the USD 0,55 level may open.
O MATIC price it is still struggling to clear the $1 resistance. If the price fails to break above $1 in the short term, there could be a drop to the $0,93 level. A close above the $1 zone can make the price open a new high towards the $1,15 or $1,17 zone.
