Crypto Markets September 27: Bitcoin and Ethereum Gain Traction, Altcoins Rise

Cryptocurrency Market September 27 by cryptonew: Bitcoin price has formed a support base above $ 40,600 and $ 40,800. As a result, BTC started a new rally and overcame the important resistance at $ 43,500. At 04:28 UTC, BTC is trading above $ 44,000 and could hit a hurdle close to $ 45,000.

Likewise, most of the major altcoins are showing positive signs. ETH has rebounded nearly 10% and passed the $ 3,100 mark. XRP was trading above $ 0.950 but remains below the $ 1.00 resistance. ADA could accelerate above $ 2.32 on a breakthrough.

Cryptocurrency Market September 27th: Bitcoin Price

After falling further, Bitcoin price found support near the $ 40,800 region. BTC has built a support base near $ 41,000 and recently started a new rally. There was a significant break above the $ 43,200 and $ 43,500 resistance levels. The price also passed the $ 44,000 threshold but stayed below $ 44,500. The main weekly resistance is near the $ 45,000 mark.

On the flip side, instant support is at $ 43,500. The next major support is currently forming near $ 43,200 below which a retreat to the $ 42,000 support level is possible.

Cryptocurrency Market September 27th: Ethereum Price

Ethereum price started a strong rally above the $ 3,000 and $ 3,050 resistance levels. ETH even cleared $ 3,100 and is currently facing resistance near $ 3,150. If the price breaks through $ 3,150 and $ 3,200, it may prolong the short-term rally.

If there is a downward correction, the price may find support at $ 3,050. A major support is currently forming near the $ 3,000 mark.

Cryptocurrency Market September 27th: ADA, LTC, DOGE and XRP prices

Cardano (ADA) remains stable above $ 2.12 and $ 2.10. It came back over $ 2.20. On the flip side, the bulls are facing hurdles near $ 2.32. The main breakout area for bigger gains is near the $ 2.50 mark.

Litecoin (LTC) accelerated for another spike above the $ 150 mark. Immediate resistance is near the $ 155 mark. The main resistance is near the $ 165 mark, above which the bulls can test the $ 188 mark. On the downside, the $ 142 level is a good support.

Dogecoin (DOGE) is showing positive signs above the $ 0.200 level. However, the bulls are facing resistance near $ 0.212. The next major resistance is near $ 0.220, above which a short-term rally to $ 0.232 is possible.

XRP price is bouncing back and trading above the $ 0.950 pivot level. Immediate resistance is near the $ 0.988 level. The main breakout zone is at $ 1.00. A closing price above $ 1.00 could initiate a steady rise to $ 1.05 and $ 1.12. If not, the price could go back to $ 0.900.

Cryptocurrency Market September 27th: Altcoins

Many altcoins gained more than 10%, including PERP, UNI, SUSHI, XDC, CRV, XEC, AAVE, REN, DYDX, MINA, COMP, SNX and EGLD. Of these, DYDX is up 50% and tops $ 20 while UNI is currently trading above $ 25.

Overall, Bitcoin price is trading in a positive zone above $ 43,500. If BTC clears $ 44,500 and $ 45,000, it could accelerate higher in the coming sessions.

Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and share information about the crypto currency market.

Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.