Although the leading cryptocurrency Bitcoin touched $35,970 during the day, it experienced a $2,000 pullback. BTC is struggling to surpass a strong resistance level between $35,500 and $36,000. ETH bulls remain in control, although their unsuccessful attempt to raise the popular coin to $2,400. The XRP price is trading at $0.68 as of the writing of this article.
Bitcoin (BTC)
Bitcoin (BTC) bulls are aiming to surpass the strong resistance between $35,500 and $36,000. Breaking the $36,500 region could strengthen the bullish momentum of the leading cryptocurrency. The momentum captured here could serve as a key point for the anticipated upside breakout.
On the other hand, a loss of the $33,000 support might trigger a break below $32,500. The lost momentum here could push the BTC price back below $30,000. A double bottom here could turn the medium-term outlook positive. However, this possibility is considered low by experts.
Ripple (XRP)
Ripple (XRP) is in attempts to approach the price band between $0.71 and $0.73. Although this price range targeted by XRP bulls is an important resistance point, it is important enough to determine the direction of popular crypto money. In this regard, the bulls need to initiate a clear breakout for a short-term buy signal.
Besides, the failure of XRP bulls’ attempts to break the $0.71 barrier could push the price back to the $0.60 support band.
Ethereum (ETH)
ETH has climbed to the $2,350 price band following successful sequences in the past few days. The second most popular cryptocurrency is trading at $2,285 as of this writing. ETH, which maintains its uptrend in the overall outlook, is trying to build a solid support point at these levels. Breaking the $3,450 threshold of ETH paves the way for its price to move up to $2,900.
ETH’s return to the key $2,045 support will invalidate bullish scenarios.
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