Bitcoin plays with $ 35,000, Ethereum and Altcoins climb

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The price of Bitcoin has established itself above the pivotal level of $ 34,000. BTC appears to be forming a base above $ 34,000 and it could accelerate if it hits $ 35,000. It is currently (12:15 UTC) showing positive signs and it could remain well above 33,500 USD.

Also, most of the major altcoins are gaining bullish momentum. ETH continued its bullish movement and even broke above $ 2,400. XRP is trading above $ 0.65 but needs to accelerate for a break above $ 0.70.

Total market capitalization

Source: www.tradingview.com

Bitcoin price

After a decent bullish move, the price of bitcoin has stabilized above the resistance of $ 34,000. BTC is showing positive signs, with a breakout zone near $ 35,000. A daily close above the resistance of $ 35,000 could open the door for a stronger rise. In this case, the price could test 36,500 USD.
If there is a further decline, first support is near the $ 34,000 level. The first key support is near $ 33,500, below which the price could test the support level of $ 33,200.

Ethereum price

Ethereum’s price has extended its rise above the resistance at $ 2380. ETH even broke above $ 2,400 before a downward correction. The price fell, but the bulls are defending the $ 2350 level. The next major support is near the 2320 USD level.
On the upside, the price faces hurdles close to $ 2,400. A suitable close above $ 2,400 could set the tone for a move towards the $ 2,500 level.

BNB, LTC, DOGE and XRP prices

Binance Coin (BNB) is rising and broke through the resistance level of $ 325. The BNB could soon cross the level of 335 USD. The next major resistance is near $ 350 where the bears could take a strong position. If there is a drop, the price may eventually find support near $ 312.
Litecoin (LTC) is stuck near the $ 140 level. It looks like LTC is preparing for a move towards the main resistance area at $ 150. Conversely, the price could remain stable near the support level of 132 USD.
Dogecoin (DOGE) finds offers near the $ 0.232 level. If it remains stable, there could be a wave of recovery towards $ 0.250. Any further gain could push the price up towards the $ 0.265 level. The next major resistance is at $ 0.280.
XRP price consolidates above the support area of ​​$ 0.650. It is now facing resistance near the $ 0.680 level. The main resistance is still near $ 0.70. On the downside, a break below $ 0.650 could increase short-term selling pressure.

Other altcoins market today

Many altcoins topped 10% including KCS, MANA, ONE, FTT, KSM, ENJ, LUNA, STX, CHZ, NEXO, ZRX, and DOT. Of these, the KCS rose 22% and broke through the $ 13.50 level.

To sum up, the price of bitcoin is trading in a positive zone above $ 34,000. If BTC bulls remain active, there is a chance of a steady rise above the resistance zone of $ 35,000.
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Bitcoin plays with $ 35,000, Ethereum and Altcoins climb to 102

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