Bitcoin, Ethereum and Altcoins Correct Gains

  • Bitcoin prices tried to rise towards USD 36,000, but then corrected lower.
  • Ethereum fell below USD 2,250 and XRP failed USD 0.700.
  • GRT and SNX gained more than 10%.

Bitcoin prices fell after they failed to exceed USD 36,000, and it corrected below USD 34,000 support. It is currently at 12:25 UTC and showing negative signs. This delays its plans for an increase to USD 36,000.

The major altcoins also corrected lower, falling by between 2% and 4% within an hour. ETH failed to maintain USD 2,250 support, while XRP corrected towards US 0.65.

Bitcoin price

After a downturn, bitcoin pricefound support at USD 33,500. BTC seems to be moving higher but, if it fails to breach the USD 33 500 key support, the next support will be near USD 33 200. Below which, the price could test USD 32 200.

Ethereum price

Ethereum price remained high above USD 2,200, but it is showing signs of weakness. The USD 2,250 resistance level is the next. If that price holds, it could test the USD 2,300 mark.

The USD 2,200 level is the next major support if there is a downturn.

BNB, LTC and DOGE prices.

Binance Coin is stuck at the USD 300 level. It could gain momentum if BNB rises above USD 300 or USD 310 levels. If this happens, the price could rise to USD 350. In the event that this does not happen, there is a possibility of a fall towards USD 265 levels.

Litecoin is moving lower than the USD138 level, and there is a possibility of a fall towards the USD125 support zone. LTC could re-enter the USD 150 resistance if it gains momentum.

Dogecoin is facing a difficult task below USD 0.250. It could fall to USD 0.200 if it does not settle above that price level.

XRP price is trading above USD 0.650 support, after falling by more than 55% in a single day. The USD 0.700 level is the key breakout zone. A daily close of USD 0.700 or higher could signal a more substantial increase in the short term.

Altcoins are also available today

Several altcoins saw gains of more than 3% including SNX and GRT. Among the top 100 cryptoassets, SNX remains the most successful, rising by 15% per day and trading above USD 8.9.

The bitcoin price is correcting gains, but it still holds the USD 33,000. Support. BTC could rise further if it gains momentum and recovers USD 35,000 in the coming sessions. It could still test the USD 32,000.

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