Bitcoin and Ethereum Consolidate, ZIL and ZRX Rally

cryptonews.com:

Bitcoin price climbed above the USD 41,500 level, moved above USD 42,000 but struggled near USD 42,200. It is currently (04:05 UTC) consolidating gains above USD 41,600 and might remain supported near USD 41,200. BTC is up almost 1% in a day and over 1% in a week.

Similarly, most major altcoins remain supported and might eye another increase. ETH tested the USD 3,150 resistance zone before correcting lower. XRP failed to climb above the USD 0.78 resistance.  ADA struggled to clear the USD 0.98 resistance zone.

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After a move above USD 41,500, bitcoin price extended its increase and was able to surpass the USD 42,000 zone. However, the bulls struggled near the USD 42,200 level. The price corrected lower and traded below USD 41,500, before recovering. After the USD 41,200 support zone, the next major support is near USD 40,800, below which the price might revisit USD 40,000.

An immediate resistance on the upside is near the USD 42,000 level. The next key resistance could be USD 42,200, above which the price may perhaps start another increase.

Ethereum price gained pace above the USD 3,120 resistance. ETH even spiked above the USD 3,150 resistance zone, but there was no upside continuation. The price is now consolidating gains below USD 3,100, with an immediate support at USD 3,080. The next major support is near the USD 3,050 level, below which the price could test USD 3,000.

On the upside, the USD 3,150 level might present resistance. The next key resistance might be near the USD 3,220 level. 

Cardano (ADA) attempted a steady move above the USD 0.95 level. However, it failed to clear the USD 0.98 resistance zone. It is now consolidating below USD 0.95 and might test the USD 0.932 level.

BNB extended