Bitcoin price was able to recover above the USD 47,000 level. However, BTC is facing a strong resistance near the USD 48,000 level. It is currently (12:43 UTC) showing positive signs, but the USD 48,000 zone holds the key.
Similarly, most major altcoins are eyeing an upside break. ETH climbed above USD 3,800 and facing resistance near USD 3,850. XRP may accelerate if it clears the USD 0.850 zone. ADA is still consolidating above the USD 1.35 zone….
Read More: Bitcoin and Ethereum are Eyeing Short-Term Breakout, OHM Rallies
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