Crypto markets June 15 by cryptonew: Bitcoin price has gained bullish momentum above the $38,500 resistance level. BTC even cleared $40,000 to move further into the positive zone. It is currently (04:30 UTC) consolidating the gains and it could resume its rally above $41,000.
Besides, most of the major altcoins are slowly moving higher. ETH broke through the $2,550 resistance and it is currently facing hurdles near $2,650. XRP/USD is recovering and it could accelerate if $0.90 is cleared.
Cryptocurrency market June 15: Bitcoin price
After a successful break above $38,500, bitcoin price extended its upward momentum. BTC even climbed above the $39,500 and $40,000 resistance levels. It tested the $41,100 zone and is currently consolidating gains. Immediate support on the downside is near the $40,000 level. The first major support is near the $39,500 level.
On the downside, the price is facing resistance near $40,800 and $41,000. The next key stop could be near $42,000 in the coming sessions.
Cryptocurrency Market June 15th: Ethereum Price
Ethereum price started a steady rise and it broke through the $2,500 resistance. ETH even broke through the $2,550 level and it is currently facing resistance near $2,600. The main hurdle is currently near $2,650, above which a rally to $2,800 is possible.
If the price fails to break above $2,600 or $2,650, it could correct the upside. Initial support is near the $2,550 level. Key support is currently forming near the $2,500 level.
Cryptocurrency market June 15: BNB, LTC, DOGE and XRP Price Giá
Binance Coin (BNB) is up about 5% and it is trading above $365. On the upside, immediate resistance is near the $380 level. Any further gains could open the door for a test of the $400 level. If there is a downside correction, the price can find support near $365.
Litecoin (LTC) broke through the $172 resistance. LTC is currently approaching the $180 resistance. If the bulls remain active, a move towards the $200 level is likely. Conversely, the price could correct lower towards the $165 support area.
Dogecoin (DOGE) is struggling to clear the $0.335 resistance. If it breaks through $0.335, the next stop could be at $0.350. On the downside, $0.320 is the short-term support. Key support is currently forming near the $0.300 level.
XRP price has formed a base above $0.850 and it has recently moved higher. XRP rose above $0.880 and it is currently rising towards the $0.90 resistance area. A clear break above $0.90 could lead the price towards $0.950.
Cryptocurrency Market June 15th: Another Altcoin Market
According to bitcoin news Many altcoins have gained more than 8%, including AMP, DOT, RUNE, KLAY, MATIC, BAT, ENJ, SNX, LINK, FTM, SUSHI, HBAR, ATOM, OMG and LUNA. Of these, AMP increased by more than 26% and surpassed $0.08.
Overall, the bitcoin price is showing positive signs above the $40,000 threshold. The current price action suggests a move above the $41,000 and $42,000 levels is more likely.
Join our Facebook Group and Telegram Group Coinlive to chat and exchange information about the Crypto Currency market with more than 10,000 other people.
Important Note: All content on the website is for informational purposes only and is not investment advice at all. Your money, the decision is yours.