Bitcoin Above USD 62K, Ethereum and Altcoins Remain In Uptrend
Bitcoin price started a steady increase above the USD 60,000 zone. BTC even cleared the USD 62,000 resistance to move further into a positive zone. It is currently (04:27 UTC) gaining pace and it might attempt a break above USD 62,500. Besides, most major altcoins are showing positive signs. ETH is trading above USD 3,800 and it is facing resistance near USD 3,920. XRP is facing resistance near USD 1.12 and USD 1.15. ADA corrected lower towards USD 2.15. Total market capitalizationBitcoin price After a minor downside correction, bitcoin price found support near the USD 58,500 zone. BTC formed a base and started a fresh increase above the USD 60,000 resistance. The price remained attractive and was able to surpass the USD 62,000 resistance. It is now facing resistance near the USD 62,500 level. The next major resistance is near USD 63,500, above which the price could surge towards the USD 65,000 level. On the downside, an initial support is near USD 61,200. The next major support is near USD 60,500, below which the price might struggle to stay above USD 60,000.Ethereum price Ethereum price was able to gain strength above the USD 3,800 resistance. ETH surpassed the USD 3,850 level, but it failed to