World News – GB – Bitcoin Climbs Above $ 12,200, Altcoins Show Positive Signs

0

The price of Bitcoin has remained in a positive zone and stabilized above the resistance level of $ 11,800 BTC took a bullish momentum and broke through the resistance of $ 12,000 ago Also had a break above the $ 12,200 level and the price is currently (05:00 UTC) consolidating gains

Additionally, most of the major altcoins are showing the first signs of a further increase, notably ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, Bitcoin Cash and ADA ETH / USD has started a decent recovery above $ 375 and getting closer to resistance at $ 380 XRP / USD has broken above $ 0245 and it may continue to climb towards $ 0250 resistance

Over the past two sessions, the price of bitcoin has followed a bullish path above the resistance of $ 11,800 More importantly, BTC broke a major barrier near the $ 12,000 level to move further into a positive area There was also a spike above the $ 12,200 level Price is currently consolidating gains, with many bearish supports such as $ 12,075 and $ 12,000
On the upside, $ 12,250 level presents short-term obstacle Next major stop for bulls could be near $ 12,500 level

Ethereum price found support above $ 370 and rose above resistance of $ 375 ETH is now trading above $ 378 and may attempt a bullish breakout above from the $ 380 level Next major resistance is near the $ 385 level
On the downside, the $ 375 level could serve as short-term support, below which there is a chance of a push towards the key $ 370 support area

Bitcoin spot price has stayed well above the $ 240 level and recently started a further rise BCH has passed the $ 248 and $ 250 levels It looks like the price may continue to move up towards resistance of 260 USD in the next sessions Conversely, a failure of clearing of 252 USD could require a further drop to 240 USDChainlink (LINK) extended its decline below $ 1020 support level It even climbed below $ 1000 support (as discussed yesterday) before starting an upward correction Price is back above $ 1020, but it may continue to face strong selling interest near the $ 1050 level XRP price has remained stable above $ 0240 support and has recently started a further rise above $ 0245 resistance Price is now showing some positive signs and it could recover towards 0 USD248 and 0 USD250 resistance levels If there is no further upside, bears could aim for a new test of USD 0Level 240 in the near term

In the past few hours, a few altcoins have climbed over 5% including OKB, NANO, LEND, WBTC and ZB Conversely, RSR, NXM, ZEC, AR, REN, ANT, NEAR and SC are down more than 8%

Overall, bitcoin price breaks major resistance of $ 12,000 Current price action is positive and it looks like BTC may continue to rise towards the $ 12,400 and $ 12,500 levels in the near term
_____

Ripple, Bitcoin, Cryptocurrency, United States Dollar, Ethereum

World news – GB – Bitcoin rises above $ 12,200, Altcoins show positive signs



SOURCE: https://www.w24news.com/news/world-news-gb-bitcoin-climbs-above-12200-altcoins-show-positive-signs/?remotepost=448784

Donnez votre avis et abonnez-vous pour plus d’infos

Vidéo du jour: