RATE Group | Bitcoin And Altcoins Remain in a Positive Zone
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Bitcoin And Altcoins Remain in a Positive Zone

20 Apr Bitcoin And Altcoins Remain in a Positive Zone

Posted at 11:39h in Bitcoin News by

This past week, there was a steady increase in bitcoin price above the USD 6,850 resistance area. BTC/USD even surpassed the USD 7,000 level, but it struggled to accelerate above the USD 7,200 resistance area. It is currently (08:30 UTC) consolidating gains and likely preparing for a fresh increase above USD 7,200 and USD 7,250.

Similarly, almost all major altcoins are trading in a positive zone, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is consolidating above the USD 180 support and facing hurdles near USD 185 and USD 188. XRP/USD is showing bullish signs and it might soon test the USD 0.200 resistance area.

Total market capitalization

Bitcoin And Altcoins Remain in a Positive Zone 101
Source: www.tradingview.com

Bitcoin price

After a successful close above the USD 7,000 pivot level, bitcoin price extended its rise above the USD 7,150. BTC/USD even climbed above the USD 7,200 resistance, but it struggled to continue higher. It is currently consolidating gains, with an initial…

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