Crypto Markets July 5: Bitcoin and Ethereum continue to be supported, while altcoins could gain traction Tra

Cryptocurrency Markets July 5th by cryptonew: Bitcoin price starts rising again above the $ 34,000 resistance. BTC broke through $ 35,000 but couldn’t rise above $ 36,000. It is currently correcting downward (05:49 UTC) but the bulls could remain active above $ 33,500.

Also, most of the major altcoins are showing positive signs. ETH rises above $ 2,350 before revising down. XRP has leveled off above $ 0.650 but is facing hurdles at $ 0.700.

July 5th cryptocurrency market: Bitcoin price

After Bitcoin price based over $ 34,000, a decent rally began. It broke the $ 35,000 level, but the bears defended the $ 36,000 resistance area. It corrected profits below $ 35,000 and is currently consolidating near $ 34,000. If there are more losses, the bulls can defend $ 33,500. The main weekly support is currently near the $ 32,200 mark.

Initial resistance is near the $ 35,000 area. The main weekly hurdle is currently forming near $ 36,000, above which the price could test $ 38,000.

Cryptocurrency Market July 5th: Ethereum Price

Ethereum price accelerated after breaking the $ 2,250 mark. ETH broke the $ 2,300 threshold and even surged above $ 2,350 before being revised down. It is currently consolidating near the $ 2,250 mark, with strong support near the $ 2,200 mark.

If it rallies again, the price could encounter resistance near $ 2,320. The next major resistance is near the $ 2,380 and $ 2,400 levels.

Cryptocurrency market July 5th: BNB, LTC, DOGE and XRP prices Giá

Binance Coin (BNB) was stuck at $ 300. If the NBB breaks above the $ 300 and $ 310 levels, it could gain momentum. In this case, the price can go up to $ 350. Otherwise, there is a risk of dropping to $ 265.

Litecoin (LTC) made another attempt to break the USD 150 resistance. The bulls did not gain strength, however, and the price hit a high of almost 148. It is currently consolidating and could rise again. If there is a significant break above $ 150, the price could continue to rise in the short term. On the flip side, the main support is near the $ 125 mark.

Dogecoin (DOGE) is still struggling to settle above the USD 0.250 and USD 0.265 levels. If the up rate is above $ 0.265, it can go up to the test of $ 0.300. Conversely, there is a risk of falling to the USD 0.200 level.

The XRP price surged above $ 0.700 but was unable to stay in that zone. It currently consolidates profits above $ 0.65. If it closes above $ 0.700, it can rally to $ 0.800.

Cryptocurrency Market July 5th: Another Altcoin Market

Several altcoins are up more than 5% including SNX, GRT, COMP, XDC, ATOM, AVAX, AAVE, LEO and UNI. Of these, SNX is up more than 18% and topped $ 8.70.

Overall, Bitcoin price is trading in a positive zone above $ 33,500 and $ 34,000. As long as the price stays above $ 32,200, it could start spiking again in the near future.

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