Altcoin News

Bitcoin and Ethereum Price, ETC and LEO Rally Story

  • Bitcoin price is consolidating above the USD 38,000 resistance.
  • Ethereum is trading in a positive zone above USD 2,700.
  • XRP is stable near USD 0.62.
  • ETC and LEO rallied 8% and 21%, respectively.

Bitcoin price started a steady increase above the USD 38,000 resistance. It even traded above the USD 38,800 but faced sellers near USD 39,200. It is currently consolidating, with a strong support near USD 37,800.

Similarly, most major altcoins are showing positive signs. ETH spiked above USD 2,800 and holding gains above USD 2,700. XRP might rise towards the USD 0.65 resistance. ADA is up almost 3% and trading near the USD 1.10 resistance.

Total market capitalization

Source: tradingview.com

Bitcoin price

After a close above USD 38,000, bitcoin price extended its increase.

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