Crypto Market June 29th: Bitcoin still tops $ 33,500, Ethereum and Altcoins extend profits
Cryptocurrency market June 29, according to cryptonew: Bitcoin price is still well above the USD 33,500 and USD 34,000 levels. However, BTC is still struggling to level off above the important $ 35,000 resistance area. Currently (04:35 UTC) is consolidating below $ 35,000 as many altcoins are accelerating.
Also, most of the major altcoins are showing positive signs. ETH accelerated above the $ 2,050 and $ 2,100 resistance levels. XRP / USD is facing strong selling interest near $ 0.65 and $ 0.66.
Cryptocurrency Market June 29th: Bitcoin Price
After rising steadily, Bitcoin price managed to break the important $ 35,000 resistance. The bulls did not gain strength, however, which resulted in a slight downward correction below $ 34,500. The award currently consolidates profits in excess of $ 34,000. The first big support is near the $ 33,500 level, below which the price can test $ 32,200.
The main resistance level remains near the $ 35,000 mark. A closing price above $ 35,000 could open the door to a strong rally in the upcoming sessions.
Crypto market June 29th: Ethereum price
The Ethereum price surpassed Bitcoin and rose to over $ 2,000. It even climbed over $ 2,100, but the bears defended $ 2,150. It is currently consolidating near $ 2,100. Initial support is near the $ 2,050 level below which a test of $ 2,000 is possible.
If there are more gains, the price can overcome the $ 2,150 resistance. In this case, the price can go up to $ 2,250.
Crypto market June 29th: BNB, LTC, DOGE and XRP prices Giá
Binance Coin (BNB) rose and tested the USD 300 resistance. The BNB is currently consolidating gains near $ 300 and could correct downwards. The main downside support is near the $ 280 mark. Conversely, the price could continue to rise if it levels off above USD 300.
Litecoin (LTC) extended its bullish momentum above the USD 135 resistance. However, the bulls struggled near the $ 142 resistance. If corrected down, the price could find strong bids near $ 132 and $ 130. On the other hand, $ 142 is a good hurdle, followed by $ 150.
Dogecoin (DOGE) is still consolidating near the $ 0.250 level. Initial resistance is near the $ 0.265 level. If the bulls manage to break above $ 0.265, the next big stop could be near the $ 0.300 mark. Medium resistance could be close to $ 0.280.
The XRP price rose above the $ 0.65 resistance, but no change. It failed at $ 0.66 and is currently consolidating at $ 0.64. If it drops again, the price can test $ 0.62. The main breakout support is now forming near the $ 0.60 level.
Cryptocurrency Market June 29th: Another Altcoin Market
Many altcoins are up more than 10% including KSM, COMP, BSV, ZIL, AAVE, BTT, EGLD, NEO, LEO, ZEC, SNX, ATOM, ANKR and CEL. Of these, KSM gained more than 30%, surpassing the $ 230 mark.
Overall, Bitcoin price is still facing strong resistance near the $ 35,000 mark. If BTC continues to struggle near $ 35,000, it risks another bearish reaction to $ 32,200.
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