Current status of Bitcoin and popular altcoins: Will the rise continue?
Bitcoin (BTC) continues to be priced at $58,700, having surpassed the $58,400 resistance level. It experienced a significant rise after gathering volume from the levels it had been dropping to by breaking through supports, also causing altcoins to rise. As long as it closes above the $58,400 level in the daily candlestick, we can say that the price movement will continue upwards.
Bitcoin (BTC): BTC/USDT pair has gained 2.45% in the last 24 hours and is currently trading at $57,300. The resistance levels for BTC are first at $60,200 and then at $61,320. The support levels are $58,400, and if it falls below this region, $56,550.
Ethereum (ETH): ETH/USDT pair has gained 0.71% in the last 24 hours and is currently trading at $3,085. The resistance levels for ETH are first at $3,090 and then at $3,170. The support levels are $3,030, and if it falls below this region, $2,920.
Ripple (XRP): XRP/USDT pair has gained 1.13% in the last 24 hours and is currently trading at $0.4389. The resistance levels for XRP are first at $0.4498 and then at $0.4711. The support levels are $0.4197, and if it falls below this region, $0.3830.
Polygon (MATIC): MATIC/USDT pair has gained 1.39% in the last 24 hours and is currently trading at $0.5094. The resistance levels for MATIC are first at $0.5489 and then at $0.5885. The support levels are $0.5006, and if it falls below this region, $0.4924.
Solana (SOL): SOL/USDT pair has gained 2.20% in the last 24 hours and is currently trading at $143.90. The resistance levels for SOL are first at $147.63 and then at $154.29. The support levels are $141.16, and if it falls below this region, $137.82.
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