After a short-term downside correction, bitcoin has found support near the USD 13,000 zone. Bitcoin price analysis shows it is currently rising. It is trading above USD 13,100. An initial resistance on the upside is near USD 13,250, above which the BTC price might increase towards the USD 13,500 resistance.
On the other hand, there was a minor decrease in most major altcoins, such as ethereum, XRP, litecoin, EOS, XLM, LINK, TRX, bitcoin cash, and ADA. BNB/USD is up over 3%. ETH/USD is trying to climb above USD 410, but it is holding the USD 400 support. XRP/USD failed to stay above the USD 0.255 support, but it is still trading above USD 0.250.
Lasr sessions Bitcoin price remained well bid above USD 13,000. Now Bitcoin price is above USD 13,100 and rising, but it is facing hurdles near the USD 13,250 and USD 13,300 levels. If there is a clear break above the USD 13,300 level, the price could rise towards the USD 13,500.
On the downside, an initial support is near the USD 13,050 level. The first major support is near the USD 13,000 level, below which the price could fall towards USD 12,750.
Ethereum struggled to gain momentum above the USD 408 and USD 410 levels. ETH/USD dropped a few points and tested the USD 400 support. The price is holding the USD 400 support, but a break below that support could spark a strong fall.
On the upside, the USD 408 and USD 410 levels are the key hurdles. A successful close above the USD 410 level can be the beginning of a fresh increase towards USD 420 or even USD 425.
Bitcoin cash price is down close to 2% and it broke the USD 270 level. It is testing the USD 265 support level and it might continue to move down towards the USD 260 support zone. If there is a fresh surge, the bulls might see selling interest near the USD 270 and USD 272 levels.
Chainlink (LINK) started a major downside correction from the USD 12.85 level. The price broke the USD 12.00 support and it is indicating a few bearish signs. The next stop for the bears could be USD 11.65, below which the price might find support near the USD 11.50 level.
XRP price failed to clear the USD 0.258 resistance level and it broke the USD 0.255 support level. It is approaching the USD 0.252 support level, but the key support level is still near the USD 0.250 level. As long as there is no close below USD 0.250, the price might make another to clear the USD 0.260 resistance level in the future.