Bitcoin price moves higher above USD 23,000.
Ethereum surpassed USD 1,620, XRP inches higher above USD 0.35.
Multiple altcoins are up in double-digits.
Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week.
Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to settle above the USD 1,600 level. XRP is rising towards the USD 0.40 level. ADA is back above the USD 0.5 resistance zone.
Total market capitalization
Bitcoin price
After forming a base above the USD 23,000 level, bitcoin price started a fresh increase. BTC was able to clear the USD 23,200 and USD 23,400 levels. It is now attempting a close above USD 23,500. If there is a steady increase, the price could even test the USD 24,000 resistance. The next major resistance could be USD 24,500, above which the price could gain bullish momentum.
On the downside, an...
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