• bitcoinBitcoin (BTC) $ 51,067.00
  • ethereumEthereum (ETH) $ 2,958.39
  • tetherTether (USDT) $ 0.999920
  • bnbBNB (BNB) $ 379.50
  • solanaSolana (SOL) $ 102.50
  • xrpXRP (XRP) $ 0.544163
  • staked-etherLido Staked Ether (STETH) $ 2,953.47
  • usd-coinUSDC (USDC) $ 0.999951
  • cardanoCardano (ADA) $ 0.585971
  • avalanche-2Avalanche (AVAX) $ 36.41
  • dogecoinDogecoin (DOGE) $ 0.085095
  • tronTRON (TRX) $ 0.137835
  • chainlinkChainlink (LINK) $ 18.42
  • polkadotPolkadot (DOT) $ 7.74
  • matic-networkPolygon (MATIC) $ 1.01
  • uniswapUniswap (UNI) $ 12.41
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 51,050.00
  • the-open-networkToncoin (TON) $ 2.11
  • internet-computerInternet Computer (ICP) $ 12.40
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • bitcoin-cashBitcoin Cash (BCH) $ 269.01
  • litecoinLitecoin (LTC) $ 69.61
  • daiDai (DAI) $ 0.998842
  • immutable-xImmutable (IMX) $ 3.07
  • filecoinFilecoin (FIL) $ 8.00
  • cosmosCosmos Hub (ATOM) $ 10.51
  • leo-tokenLEO Token (LEO) $ 4.13
  • kaspaKaspa (KAS) $ 0.165441
  • bittensorBittensor (TAO) $ 591.88
  • nearNEAR Protocol (NEAR) $ 3.59
  • ethereum-classicEthereum Classic (ETC) $ 25.81
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  • blockstackStacks (STX) $ 2.49
  • aptosAptos (APT) $ 9.38
  • optimismOptimism (OP) $ 3.58
  • stellarStellar (XLM) $ 0.116609
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • vechainVeChain (VET) $ 0.043462
  • okbOKB (OKB) $ 50.88
  • injective-protocolInjective (INJ) $ 34.20
  • lido-daoLido DAO (LDO) $ 3.23
  • celestiaCelestia (TIA) $ 16.77
  • render-tokenRender (RNDR) $ 7.03
  • mantleMantle (MNT) $ 0.771540
  • crypto-com-chainCronos (CRO) $ 0.092628
  • the-graphThe Graph (GRT) $ 0.257441
  • arbitrumArbitrum (ARB) $ 1.83
  • moneroMonero (XMR) $ 124.45
  • sei-networkSei (SEI) $ 0.808188
  • suiSui (SUI) $ 1.62
  • makerMaker (MKR) $ 2,045.10
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,252.05
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  • thorchainTHORChain (RUNE) $ 5.34
  • flowFlow (FLOW) $ 1.06
  • algorandAlgorand (ALGO) $ 0.192495
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,014.22
  • elrond-erd-2MultiversX (EGLD) $ 57.58
  • aaveAave (AAVE) $ 103.07
  • quant-networkQuant (QNT) $ 103.77
  • bitcoin-svBitcoin SV (BSV) $ 74.79
  • flare-networksFlare (FLR) $ 0.040618
  • bitget-tokenBitget Token (BGB) $ 0.999418
  • starknetStarknet (STRK) $ 1.91
  • havvenSynthetix Network (SNX) $ 4.09
  • mina-protocolMina Protocol (MINA) $ 1.27
  • true-usdTrueUSD (TUSD) $ 0.975024
  • theta-tokenTheta Network (THETA) $ 1.25
  • ordinalsORDI (ORDI) $ 59.37
  • heliumHelium (HNT) $ 8.55
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.37
  • dydxdYdX (ETHDYDX) $ 3.90
  • the-sandboxThe Sandbox (SAND) $ 0.510378
  • fantomFantom (FTM) $ 0.407964
  • axie-infinityAxie Infinity (AXS) $ 8.01
  • chilizChiliz (CHZ) $ 0.123823
  • bittorrentBitTorrent (BTT) $ 0.000001
  • worldcoin-wldWorldcoin (WLD) $ 7.78
  • fetch-aiFetch.ai (FET) $ 1.01
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  • galaGALA (GALA) $ 0.030012
  • kucoin-sharesKuCoin (KCS) $ 10.48
  • whitebitWhiteBIT Coin (WBT) $ 7.01
  • siacoinSiacoin (SC) $ 0.017137
  • tezosTezos (XTZ) $ 1.11
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  • osmosisOsmosis (OSMO) $ 1.57
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000046
  • eosEOS (EOS) $ 0.818892
  • decentralandDecentraland (MANA) $ 0.494377
  • dymensionDymension (DYM) $ 6.23
  • frax-etherFrax Ether (FRXETH) $ 2,949.17
  • neoNEO (NEO) $ 12.68
  • roninRonin (RON) $ 2.99
  • conflux-tokenConflux (CFX) $ 0.238490
  • akash-networkAkash Network (AKT) $ 3.90
  • kavaKava (KAVA) $ 0.818028
  • astarAstar (ASTR) $ 0.159390
  • woo-networkWOO (WOO) $ 0.483890
  • singularitynetSingularityNET (AGIX) $ 0.692499
  • iotaIOTA (IOTA) $ 0.271447
  • arweaveArweave (AR) $ 13.01
  • pyth-networkPyth Network (PYTH) $ 0.556081
  • axelarAxelar (AXL) $ 1.44
  • gnosisGnosis (GNO) $ 317.82
  • oasis-networkOasis Network (ROSE) $ 0.121601
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.35
  • klay-tokenKlaytn (KLAY) $ 0.224886
  • bonkBonk (BONK) $ 0.000012
  • usddUSDD (USDD) $ 0.999553
  • wemix-tokenWEMIX (WEMIX) $ 2.02
  • manta-networkManta Network (MANTA) $ 2.89
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000124
  • curve-dao-tokenCurve DAO (CRV) $ 0.632867
  • swethSwell Ethereum (SWETH) $ 2,989.60
  • jupiter-exchange-solanaJupiter (JUP) $ 0.512132
  • msolMarinade staked SOL (MSOL) $ 119.81
  • frax-shareFrax Share (FXS) $ 8.67
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,171.90
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.65
  • fraxFrax (FRAX) $ 0.998689
  • ecasheCash (XEC) $ 0.000033
  • gatechain-tokenGate (GT) $ 4.76
  • nexoNEXO (NEXO) $ 1.14
  • corgiaiCorgiAI (CORGIAI) $ 0.002106
  • jasmycoinJasmyCoin (JASMY) $ 0.013125
  • 1inch1inch (1INCH) $ 0.541565
  • illuviumIlluvium (ILV) $ 96.17
  • ondo-financeOndo (ONDO) $ 0.415114
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,142.88
  • xdce-crowd-saleXDC Network (XDC) $ 0.041150
  • rocket-poolRocket Pool (RPL) $ 28.32
  • coredaoorgCore (CORE) $ 0.653428
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.33
  • iotexIoTeX (IOTX) $ 0.057722
  • altlayerAltLayer (ALT) $ 0.484072
  • zetachainZetaChain (ZETA) $ 2.21
  • enjincoinEnjin Coin (ENJ) $ 0.358957
  • pepePepe (PEPE) $ 0.000001
  • fasttokenFasttoken (FTN) $ 1.64
  • metis-tokenMetis (METIS) $ 93.85
  • tether-goldTether Gold (XAUT) $ 2,011.78
  • compound-governance-tokenCompound (COMP) $ 72.70
  • kujiraKujira (KUJI) $ 3.91
  • gmxGMX (GMX) $ 50.34
  • radixRadix (XRD) $ 0.045482
  • lido-staked-solLido Staked SOL (STSOL) $ 119.37
  • stepnGMT (GMT) $ 0.265063
  • ribbon-financeRibbon Finance (RBN) $ 0.498051
  • casper-networkCasper Network (CSPR) $ 0.038162
  • skaleSKALE (SKL) $ 0.086637
  • nervos-networkNervos Network (CKB) $ 0.010132
  • terra-luna-2Terra (LUNA) $ 0.663724
  • compound-wrapped-btccWBTC (CWBTC) $ 1,025.39
  • aelfaelf (ELF) $ 0.622651
  • apenftAPENFT (NFT) $ 0.00000044
  • mask-networkMask Network (MASK) $ 4.52
  • neutron-3Neutron (NTRN) $ 1.55
  • celoCelo (CELO) $ 0.813288
  • bitcoin-goldBitcoin Gold (BTG) $ 24.49
  • superfarmSuperVerse (SUPER) $ 0.949652
  • strideStride (STRD) $ 4.73
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • kusamaKusama (KSM) $ 46.91
  • holotokenHolo (HOT) $ 0.002375
  • ocean-protocolOcean Protocol (OCEAN) $ 0.703679
  • echelon-primeEchelon Prime (PRIME) $ 12.30
  • zilliqaZilliqa (ZIL) $ 0.023691
  • livepeerLivepeer (LPT) $ 13.51
  • compound-ethercETH (CETH) $ 59.46
  • zcashZcash (ZEC) $ 27.51
  • gasGas (GAS) $ 6.28
  • pax-goldPAX Gold (PAXG) $ 2,006.47
  • aleph-zeroAleph Zero (AZERO) $ 1.30
  • api3API3 (API3) $ 3.79
  • rollbit-coinRollbit Coin (RLB) $ 0.137579
  • pixelsPixels (PIXEL) $ 0.505980
  • origintrailOriginTrail (TRAC) $ 1.01
  • convex-financeConvex Finance (CVX) $ 4.70
  • desoDecentralized Social (DESO) $ 36.31
  • hytopiaHytopia (TOPIA) $ 0.075900
  • xai-blockchainXai (XAI) $ 1.37
  • basic-attention-tokenBasic Attention (BAT) $ 0.253908
  • stader-ethxStader ETHx (ETHX) $ 3,005.59
  • nosanaNosana (NOS) $ 4.43
  • pocket-networkPocket Network (POKT) $ 0.224002
  • safepalSafePal (SFP) $ 0.792775
  • moonbeamMoonbeam (GLMR) $ 0.430325
  • dashDash (DASH) $ 30.32
  • sushiSushi (SUSHI) $ 1.81
  • loopringLoopring (LRC) $ 0.279063
  • flokiFLOKI (FLOKI) $ 0.000035
  • nemNEM (XEM) $ 0.038402
  • vethor-tokenVeThor (VTHO) $ 0.004743
  • qtumQtum (QTUM) $ 3.28
  • oec-tokenOKT Chain (OKT) $ 19.09
  • chromawayChromia (CHR) $ 0.415672
  • chiaChia (XCH) $ 32.51

Bitcoin Price Consolidates Rally and Primed To Surge Toward $45K

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Bitcoin price started a strong increase above the $42,000 zone. BTC is now consolidating gains and might rally further toward the $45,000 zone.

  • Bitcoin gained pace above the $42,200 and $43,200 levels.
  • The price is trading above $43,000 and the 100 hourly Simple moving average.
  • There are two bullish trend lines forming with support near $43,900 and $42,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair is likely setting up for a fresh increase above the $44,000 level.

Bitcoin Price Remains Supported

Bitcoin price started a major increase above the $42,000 resistance zone. BTC surged and even broke the $43,200 resistance zone. A new multi-month high was formed near $44,465 before the price started a minor downside correction.

There was a move below the $44,000 level. The price tested the 23.6% Fib retracement level of the upward move from the $39,475 swing low to the $44,465 high. However, the bulls remained active above the $43,200 support zone.

Bitcoin also trades above $43,500 and the 100 hourly Simple moving average. Besides, there are two bullish trend lines forming with support near $43,900 and $42,000 on the hourly chart of the BTC/USD pair. The second trend line is close to the 61.8% Fib retracement level of the upward move from the $39,475 swing low to the $44,465 high.

On the upside, immediate resistance is near the $44,250 level. The first major resistance is forming near $44,450, above which the price might rally toward the $45,000 level.

Bitcoin Price Consolidates Rally and Primed To Surge Toward $45K

Source: BTCUSD on TradingView.com

A close above the $45,000 resistance might send the price further higher. The next key resistance could be near $46,200, above which BTC could rise toward the $47,500 level.

Short-term Dips In BTC?

If Bitcoin fails to rise above the $44,250 resistance zone, it could start a downside correction. Immediate support on the downside is near the $43,900 level and the trend line.

The next major support is near $42,550, below which the price might test the second trend line. If there is a move below $42,000, there is a risk of more downsides. In the stated case, the price could drop toward the $41,200 support in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $43,900, followed by $42,000.

Major Resistance Levels – $44,250, $44,450, and $45,000.

Source

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