Crypto market January 13, 2022: Bitcoin and key altcoins extend profits
Crypto Markets Jan 13, 2022: Bitcoin price rallied above the $ 42,500 resistance yesterday and even surged above $ 44,000 before correcting downward. At 04:27 UTC, BTC is consolidating gains over $ 43,750.
Likewise, most of the big altcoins have extended profits and tested resistance. ETH rises above $ 3,320 and tests $ 3,400. XRP has also risen but is facing resistance near $ 0.80. ADA rose above $ 1.30 and tested $ 1.35 before correcting lower.
Cryptocurrency Market January 13, 2022: Bitcoin Price
After rising significantly above $ 42,500, Bitcoin price began to recover more strongly. BTC rebounded above the USD 43,200 resistance and even tested the USD 44,500 area. It is currently consolidating earnings with initial support near the $ 43,200 mark. The next major support is at $ 43,000, below which a pullback to $ 42,500 is possible.
Immediate resistance is near the $ 44,000 mark. The next major resistance is at $ 44,500, above which the price could initiate a move towards $ 45,500.
Cryptocurrency Market January 13, 2022: Ethereum Price
Ethereum price rebounded quickly after breaking the critical resistance area of $ 3,250. ETH rose above the $ 3,320 and $ 3,350 resistance levels. It tested $ 3,400 before correcting the downside. Initial support is near the $ 3,300 mark. The next big support is near $ 3,250, below which it can test $ 3,150.
On the downside, the price is encountering resistance near USD 3,380. The next major hurdle is at USD 3,400, above which a rally to USD 3,450 is possible.
Cryptocurrency Market Jan 13, 2022: ADA, BNB, SOL, DOGE and XRP prices
Cardano (ADA) rose above the $ 1.28 and $ 1.30 resistance levels. It even tested $ 1.35 and is currently consolidating profits. Key support is close to $ 1.30 with the risk of falling to $ 1.25 below that.
Bnance Coin (BNB) extended the winnings over $ 480. The next major resistance is at $ 488, above which the price could test $ 500. If there is a downward correction, the price can test $ 465.
Solana (SOL) climbed over $ 142 and even surged over $ 150. It is currently trading in a range with key support near $ 145. The next big support is near the $ 138 mark.
DOGE accelerated above the $ 0.155 level. It’s up nearly 10% and is trading near $ 0.167. The next major resistance is near the $ 0.172 level, above which a rally to $ 0.180 is possible.
XRP price rose above the $ 0.780 resistance. It even surged above $ 0.80 before correcting lower. Immediate support is near the $ 0.78 level, below which the bulls may emerge near $ 0.765.
Cryptocurrency Market Jan 13, 2022: Another Altcoin Market
Many altcoins are up more than 5%, including LUNA, DOT, AVAX, SHIB, LTC, FTM, XLM, HBAR, SAND, ONE and HNT. Of these, LUNA is up 10%, topping $ 81, and increasing its weekly profit to 3%. At the same time, SHIB gained 15% in one day and 5% in a week, reaching $ 0.000032.
Overall, Bitcoin price is showing positive signs above the key region of $ 43,000. If BTC finds a bid near $ 43,000, it could trigger another rally towards $ 44,500 or even $ 45,000.
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