Bitcoin price formed a base above the USD 46,000 zone. As a result, BTC started a steady recovery wave and climbed above the USD 47,500 zone. It is currently (04:19 UTC) facing strong resistance near the USD 48,500 zone.
Similarly, most major altcoins are attempting an upside correction. ETH recovered above USD 3,800, but it is facing strong resistance near USD 3,880. XRP is back above USD 0.800 and is now consolidating. ADA is above the USD 1.20 support zone….
Read More: Bitcoin and Ethereum Show Signs of Life, Hurdles Nearby
