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Bitcoin and Ethereum Trying Recover, Hurdles Nearby
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Bitcoin price found support near the USD 58,500 level. BTC started a recovery wave above the USD 60,000 resistance. It is currently (12:03 PM UTC) trading near USD 60,800, but there are many hurdles on the upside.
Similarly, most major altcoins are attempting a recovery wave. ETH is inching towards USD 4,280, while XRP is nearing USD 1.12. ADA is still below USD 1.90.
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After finding bids near USD 58,500, bitcoin price started an upside correction. BTC corrected above the USD 59,200 and USD 59,500 levels. It even climbed above USD 60,000 and USD 60,200. On the upside, the USD 61,200 level is an initial barrier. The next key resistance is forming near the USD 62,500 level, above which the price could start a steady
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Spurt Higher, SAND and GALA Rally cryptonews.com /2 years ago
Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week cryptonews.com /2 years ago
Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge cryptonews.com /3 years ago
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