• Bitcoin price continued to rebound above $ 66,000 before correcting.
  • Ethereum surged above $ 4,000, XRP is testing $ 1.15.
  • SOL, NEXO and OKB gained over 17%.

Bitcoin price formed a base above the $ 62,000 level and began rising again. BTC surged above the $ 65,000 and $ 66,000 levels before correcting below $ 65,000. It is currently above this level again (04:27 UTC), while new drops could remain limited to below USD 63,500 for a short time.

In addition, most of the major altcoins started a new boom. ETH gained almost 9% and broke the USD 4,000 resistance. XRP topped $ 1.12 but is struggling to gain pace above $ 1.15. ADA rose above the $ 2.20 resistance zone.

Total market capitalization

Source: tradingview.com

Bitcoin price

After falling slightly, Bitcoin price started a new rally above $ 63,000. BTC surged above the $ 65,000 and $ 66,000 levels. A new all-time high was formed above $ 67,000 (per coin checko) before a downside correction occurred. On the flip side, initial support is near $ 64,200. The first major support is at $ 63,500, below which the price could test the $ 62,500 support.

If it rallies again, the price could encounter resistance near $ 65,500. The next major resistance is at $ 66,000, above which the price could potentially hit the $ 67,000 level again.

Ethereum price

Ethereum price started a new rally above the USD 3,880 resistance. ETH broke the USD 4,000 resistance and extended its surge. The price even surpassed the $ 4,200 mark. With a closing price above USD 4,200, the price could rise in the short term towards USD 4,320.

On the flip side, initial support is near the $ 4,120 mark. The first major support is now forming near the $ 4,050 level below which the price could test $ 4,000.

ADA, LTC, DOGE and XRP prices

Cardano (ADA) broke the main resistance at $ 2.20 which could push the price towards $ 2.40. A medium resistance is at $ 2.32.

Litecoin (LTC) gained pace for a move above the USD 192 resistance. As a result, the price surged above the $ 200 mark. It’s up nearly 12% and is trading above $ 207. Immediate resistance is near $ 212 above which price could rise towards the $ 220 and $ 225 levels.

Dogecoin (DOGE) is back above the USD 0.250 level. A first hurdle is near the USD 0.265 level. The next major resistance is at $ 0.280, above which the price could test $ 0.300. On the downside, the $ 0.250 is a short-term support. The next major support is near the $ 0.232 level.

XRP price broke the USD 1.12 resistance and is now facing resistance near USD 1.15. A break above $ 1.15 could push the price towards the $ 1.20 resistance. If not, the price could correct downwards towards the $ 1.10 level. The next big support is at $ 1.05.

Different Altcoins Market Today

Many altcoins are up over 10%, including OKB, NEXO, SOL, FLOW, ENJ, REN, XEC, HT, RUNE, CELO and QTUM. Of these, OKB gained 21% and exceeded the USD 25 level.

Overall, Bitcoin price is trying to rebound above $ 65,000. With further dips, the bulls could stay active near the $ 63,500 and $ 63,000 levels for the short term.

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