Cryptocurrency Market June 25th by cryptonew: Bitcoin price remains strong above $ 32,000 and $ 33,000. As a result, BTC gained momentum and broke the important resistance at USD 35,000. Currently (04:41 UTC) earnings are consolidating below this level.
Likewise, most of the big altcoins are rising steadily. ETH is consolidating below $ 2,000 and could accelerate to rise above $ 2,050. XRP / USD rose and tested the USD 0.700 zone.
A new base was formed with a bitcoin price of over $ 32,500. BTC has started a new rally and the bulls can push the price above the USD 35,000 resistance. It is trading in positive territory and it looks like it could even test the $ 36,500 level. The next major resistance is near the $ 38,000 region.
Initial downside support is near the $ 34,500 mark. The main breakout support is now forming near the $ 33,500 mark.
The Ethereum price remains above $ 1,850 and $ 1,880. ETH is up above $ 1,980 but is struggling to gain momentum above $ 2,000. The key resistance remains at $ 2,050, above which a quick rally is possible.
If it drops again, the price could find bids near $ 1,920. Critical support is now forming near the $ 1,850 mark.
According to the . Binance Coin (BNB) is currently trading above $ 300. Immediate resistance is near the $ 320 level. A closing price above $ 320 could set the pace towards $ 345. Conversely, the price could fall to test the $ 280 support.
Litecoin (LTC) broke the $ 132 and $ 135 resistance levels. LTC is currently rising to the $ 142 level. The main resistance is near the $ 150 level above which the price could test $ 165. On the flip side, the bulls could appear near the $ 122 mark.
Dogecoin (DOGE) started a new rally above $ 0.250. DOGE even broke the $ 0.280 mark and is currently facing resistance near the $ 0.300 mark. If there is a downward correction, the price could find bids near the $ 0.250 level.
XRP price also follows a bullish path above $ 0.620. The price rose above the $ 0.650 level and tested the $ 0.700 zone. On the downside, the previous resistance near $ 0.650 could offer short term support.
Many altcoins are up more than 10%, including CELO, RUNE, QNT, NANO, SC, STX, CRV, SOL, QTUM, OKB, ETC, MANA, DGB and HT. Of these, CELO rose by almost 27% and exceeded the USD 2.95 level.
Overall, Bitcoin price is showing positive signs above the $ 34,500 mark. If BTC hovering above the $ 35,000 level, there could be a bigger surge towards the $ 37,000 and $ 38,000 levels.
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