Bitcoin (BTC)CryptocurrencyETH (Ethereum)Price Analysis

Bitcoin And Ethereum Suffer. Cardano Surpassed 2 USD

Bitcoin prices within $45,000 fell below the $3,000 support level, while XRP at $1.05 ADA rose more than 8% and broke the $2.10 resistance level.

Bitcoin prices fell below the $45,500 support level on a negative correction, while BTC broke the $45,000 mark and continued to fall. It is currently trading below $45,000 and could continue to fall below $44,000.

In the same way, most major cryptocurrencies are falling: ETH is trading below the $3,050 and $3,000 support levels, and XRP is above the $1.05 and $1.08 support levels.

Bitcoin’s value

Bitcoin’s price has recently fluctuated between $45,500 and $45,000, falling below the $45,000 pivot level. Immediate support is available at $44,000. A drop below $44,000 could lead to a drop below $43,200.

The next major drop is $42,000.

On the positive side, the first resistance is at $44,800, the first major resistance is at $45,000, and the current major resistance is at $45,500, which if broken could see the price rally to the $47,000 level.

The price of ethereum

Ether price gradually falling below $3,050 support ETH falling below $3,000 and approaching $2,950 support falling below $2,950 could bring the price down to $2,880 and possibly $2,850.

The latest resistance at $3,020, the first major resistance at $3,050, the pivot point will be tested if resistance at $3,110 is broken.

Cardano’s ADA, LTC, DOGE, and XRP prices are holding at the $1.92 support level. As a result, ADA introduced new gains above the $2.00 barrier level, up more than 8%. The price has broken the $2.10 mark and the next gain could be above $2.20.

If the negative trend continues, Litecoin (LTC) will challenge the $165 level after breaking the $172 support level. It could fall below the base support level of $155. Conversely, recovery waves could test above the $170 and $172 levels.

Dogecoin (DOGE) fell below the $0.288 and $0.285 support levels before the bid was found. Then it started to rise again. It broke the $0.300 barrier with resistance at $0.312.

Here the price could rally to $0.335 with resistance at 0. The next rise could be up to $2.20.

XRP prices fell below $1.20. On the other hand, the bulls will maintain support at $1.05 and $1.08. As long as the price stays above $1.05 per share, a new wave could develop above the $1.20 resistance level.

Other Cryptocurrency Markets Today

Many cryptocurrencies account for more than 10% of the market, including LUNA, AMAX, ATOM, AR, PERP, AUDIO, VGX, FTM, QNT, and XDC. among them, LUNA broke through the $30 mark, up as much as 30%.

Overall, Bitcoin is showing negative signals below the $45,500 and $45,000 support levels. If BTC stays below $44,000, it could fall to $42,000.

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