Bitcoin and Ethereum Struggle to Clear Key Hurdles, CELO and SAND Rally

cryptonews.com:

Bitcoin price traded in a range and remained strong above the USD 28,500 support zone. BTC attempted a close above USD 30,000 but struggled. It is currently (04:04 UTC) trading near USD 29,900 and is down 1% in a day and up almost 4% in a week.

Similarly, most major altcoins are trading below important hurdles. ETH is trading below the USD 2,000 resistance zone. XRP is struggling to stay above the USD 0.40 support. ADA could revisit the USD 0.50 support zone.

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In the past two days, bitcoin price saw range moves above the USD 28,500 support. Recently, BTC attempted a fresh increase above the USD 30,000 and USD 30,200 levels. However, the bulls failed to clear the USD 30,500 resistance. It is now moving lower, with an immediate support at USD 29,500. The next major support is near the USD 29,200 level, below which the price could retest the USD 28,500 support zone.

On the upside, the first key resistance is near USD 30,000. The main hurdle is still near the USD 30,500 level, above which the price could rise steadily.

Ethereum price also failed to gain strength above the USD 2,000 level. ETH corrected gains and traded below the USD 1,980 level. It is now trading near the USD 1,950 level and is down 3% in a day and up 2% in a week. The next key support is near the USD 1,880 level, below which the price might decline heavily.

On the upside, an immediate resistance is near the USD 1,980 level. The next major resistance is near USD 2,020, above which the price could start a steady increase.

Cardano (ADA) struggled to clear the USD 0.532 resistance. It is moving lower and trading below USD 0.52. If the bears remain in action, the price could test the USD 0.50 support.

BNB is trimming gains and approaching the