Bitcoin and Ethereum Inch Higher, CAKE and THETA Accelerate

cryptonews.com:

Bitcoin price remained well bid above the USD 41,200 level and managed to break the USD 42,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 42,500 and is now up 1% in a day and 3% in a week.

Similarly, most major altcoins might start a fresh increase. ETH could gain pace if it clears the USD 3,150 resistance zone. XRP is consolidating and struggling near USD 0.75.  ADA must clear USD 0.98 for upside continuation.

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After a short-term decline, bitcoin price started a fresh increase above USD 41,500. BTC climbed above the USD 42,000 level and traded to a new weekly high. An immediate resistance on the upside is near the USD 42,500 level. The next key resistance could be USD 43,200, above which the price may perhaps test USD 45,000.

If there is a downside correction, the price might find support near USD 41,800. The next major support is near USD 41,500, below which the price might test USD 41,200

Ethereum price is rising above the USD 3,120 resistance and is now almost unchanged in a day and up 1% in a week. ETH might gain pace if there is a close above the USD 3,150 resistance zone. The next key resistance might be near the USD 3,220 level, above which the price could test USD 3,280.

On the downside, an immediate support is at USD 3,080. The next major support is near the USD 3,050 level. 

Cardano (ADA) is consolidating above the USD 0.95 level. An immediate resistance is near the USD 0.965 level. The first key resistance is near the USD 0.98 level, above which the price could rise towards USD 1.00.

BNB is holding gains above the USD 420 level and is testing the 425 resistance level. The main resistance is now forming near the USD 432 level, above which the price could