Bitcoin and Ethereum Keep Inching Higher, SOL and LUNA Accelerate

cryptonews.com:

Bitcoin price gained pace for a move above USD 41,500 and is currently (11:47 UTC) testing the USD 42,000 level. BTC is up over 3% in a day and 4% in a week.

Similarly, most major altcoins are also moving higher. ETH surpassed the USD 3,120 resistance zone and is now up almost 3% in a day and a week. XRP still hovering below USD 0.80. ADA was able to clear the USD 0.95 resistance zone.

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In the past two sessions, bitcoin price saw an increase in buying interest above USD 40,000 and was able to clear the USD 41,500 resistance level. If the bulls remain in action, it may perhaps rise above USD 42,000. The next key resistance could be USD 42,500, above which the price could gain bullish momentum.

On the downside, an initial support is near the USD 41,200 level. The next key support is near USD 40,500, below which the price might dive to USD 40,000.

Ethereum price also gained pace above the USD 3,080 level. ETH extended gains and cleared the USD 3,120 resistance zone. The next key resistance might be near the USD 3,200 level, above which the price could rise towards the USD 3,270 level.

If there is a bearish reaction, the price might find support near USD 3,080. The next major support is near the USD 3,050 level, below which the price could retest the USD 3,000 support zone.

Cardano (ADA) is moving higher above the USD 0.95 level. It seems like the bulls might soon push the price towards the USD 0.98 level. The main resistance is still near the USD 1.0 level, where the bulls might struggle.

BNB gained bullish momentum for a move above the USD 425 level. It is now approaching the USD 432 level. If there are more upsides, the bulls may possibly test the USD 450 level.

Solana (SOL) gained over 7% and there was