Bitcoin price started a recovery wave above the USD 55,500 resistance. BTC cleared the USD 56,000 level, but it is currently (12:00 PM UTC) facing many hurdles. A close above USD 57,000 is needed for a steady increase. Besides, most major altcoins are moving higher. ETH tested the USD 3,250 support before climbing higher. XRP/USD is now trading below USD 1.50 and it might attempt an upside break.
Bitcoin price started a recovery wave above the USD 55,500 resistance. BTC cleared the USD 56,000 level, but it is currently (12:00 PM UTC) facing many hurdles. A close above USD 57,000 is needed for a steady increase. Besides, most major altcoins are moving higher. ETH tested the USD 3,250 support before climbing higher. XRP/USD is now trading below USD 1.50 and it might attempt an upside break.
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