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Bitcoin and Ethereum Eye Additional Gains, AVAX Flips DOGE, Enters Top 10
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Bitcoin price was able to recover above the USD 48,500 resistance levels. BTC is currently (12:03 UTC) facing resistance near the USD 49,500 zone. A close above USD 50,000 could start a stronger increase in the near term.
Similarly, most major altcoins are moving higher. ETH could extend gains if it clears the USD 4,080 and USD 4,120 resistance levels. XRP is aiming for a key upside break above USD 0.850. ADA is consolidating gains near the USD 1.30 level.
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After a decent recovery wave, bitcoin price faced resistance near the USD 49,500 level. The main hurdle is still near the USD 50,000 level. A close above USD 50,000 might start another increase in the near term. The next key resistance is near the USD 51,200
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