Bitcoin price has corrected below $ 15 and is consolidating gains.
Ethereum rose 10% to top $ 445, XRP was trading around $ 0,260.
shares AAVE, UNI.RSR MANA and SNX are up over 25%.
After a sharp rise towards the $ 16 zone, the Bitcoin price collided with sellers. As a result, BTC began a correction down below $ 000 15 and $ 750 15. Price is currently (600:13 UTC) consolidating gains above the support levels of $ 00 and $ 15.
In addition, most of the major altcoins have received bullish momentum during Bitcoin's correction, including Ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH / USD rallied over 10% and even surpassed the $ 245 resistance. XRP / USD gained bullish momentum after settling above $ 0,250 and trading around $ 0,260.
Bitcoin price
After trading around $ 16, the Bitcoin price began a downward correction. It traded below the $ 000 support and even dipped below the $ 15 level. However, it holds the $ 750 support zone. The next major support is near $ 15, below which the bulls could defend the $ 550 support zone.
On the other hand, initial resistance is around the $ 15 level, but the first key resistance is around the $ 650 level. A clear break above $ 15 may require a test of the $ 750 level.
Ethereum price
Ethereum price started a strong rally above the $ 425 and $ 430 resistance levels. ETH even surpassed the $ 440 level and climbed above $ 445. The current price action suggests that price may try to rise above the $ 450 resistance.
In case of a downward correction, the 435 level is the initial support. The first key support is forming around the $ 430 level, below which Ether can test $ 420.
Bitcoin Сash, Сhainlink and XRP
The price of Bitcoin Cash rose by 5% and broke the $250 resistance. BCH is trading above $255 and it looks like there could be more room for growth towards the $260 and $265 levels. The next major resistance for the bulls is around $280. Conversely, the fall towards $240 may remain supported.
chainlink (LINK) extended the recovery above the $ 11,00 and $ 11,20 resistance levels. The price is currently trading above $ 11,40 and may continue above $ 11,50. The next big bull stop could be $ 11,80 or $ 12. On the other hand, the $ 11,00 and $ 10,80 levels are good support.
XRP price started to rally above the $ 0,250 resistance level. The price approached 10% and exceeded $ 0,255. It traded around $ 0,260 and is currently correcting gains. However, the 0,252 and 0,250 USD levels may act as strong buying areas in the coming sessions.
Other altcoins market today
Several altcoins have risen over 20% in the past few hours, including AAVE, UNI, RSR, SNX, MANA, YFI, BAND, REN, and GNT. Of these, AAVE added more than 35% and overcame the resistance of USD 35,00.
To summarize, the Bitcoin price has adjusted earnings and is currently consolidating above $ 15. It can stay in range for a while until the next turn. Meanwhile, altcoins such as ETH and XRP may continue to rise.