Bitcoin price has settled above the USD 35,000 resistance zone. As a result, BTC gained upward momentum and overcame the USD 36,500 resistance. It even topped $ 37,000 and is currently (04:35 UTC) facing strong resistance near $ 38,000.

Also, most of the major altcoins are steadily recovering. ETH has settled above the USD 2,500 level and even surmounted the USD 2,550 resistance. XRP / USD broke the USD 0.88 resistance and could soon break above USD 0.90.

Total market capitalization

Source: www.tradingview.com

Bitcoin price

After closing above $ 35,000, Bitcoin price expanded its upward trend. BTC rose steadily above the USD 36,000 and USD 36,500 levels. There was a spike towards the $ 37,500 level, but the price failed to extend gains. The main resistance to the upside is at $ 38,000, above which the price could test $ 40,000.
On the downside, the price could stay stable above the $ 36,500. The next big support is now forming near the USD 35,500 mark.

Ethereum price

The Ethereum price gained momentum for a closing price above the $ 2,500 level. ETH even broke the USD 2,550 resistance and is now showing positive signs. Initial resistance is near the $ 2,620 mark. The first major resistance to a major rise is at $ 2,650.
Should it decline again, the USD 2,500 level could provide support. The next major support is near the $ 2,440 level.

BNB, LTC, DOGE and XRP prices

Binance Coin (BNB) is back above the USD 350 resistance level and has even surpassed USD 365. The BNB is now approaching the USD 380 mark. A successful break above USD 380 could push the price towards the USD 400 resistance zone in the short term.
Litecoin (LTC) is up over 10% to break the $ 165 mark. LTC is trading above $ 170 and could test the $ 180 level. If the bulls remain in the action, there is a chance a move towards the important $ 200 level.
Dogecoin (DOGE) gained traction above the $ 0.320 and $ 0.335 levels. It is now facing hurdles near $ 0.350. A close above the $ 0.350 level could open the doors for a move towards the $ 0.400 level. On the flip side, the bulls could remain active near the $ 0.320 level.
The XRP price rose over 7%, surpassing the $ 0.880 resistance. It is now testing the USD 0.900 resistance above which the price could gain upside momentum. The next major resistance is near the USD 0.950 level. Conversely, it could hit $ 0.850 again.

Different Altcoins Market Today

Many altcoins gained over 10% including BTG, KSM, ZEN, ZEC, RUNE, RVN, QTUM, DOT, NEO, XMR, ETC, WBTC, BTCB, NEXO and CRV. Of these, KSM is gaining pace and has even exceeded the $ 500 mark.

Overall, Bitcoin price is trading above the $ 36,500 pivot level. If BTC breaks the $ 38,000 resistance, it could accelerate towards $ 40,000 in the short term.
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