After a major decline, Bitcoin (BTC) began to record price increases, followed by altcoins.
Indirectly, cryptocurrency market capitalization also recovered with a jump to $ 979.02 billion at the time of writing.
The BTC price yesterday fell more than 25% as it surpassed the $ 35,500 and $ 34,200 support levels leading to a low below the $ 32,400 support.
With the latest surge, the asset managed to surpass the resistance levels of $ 32,000 and $ 35,500. This means Satoshi Nakamoto’s assets need to continue to hold to continue to soar above $ 38,000, towards $ 40,000.
At the same time, Ethereum (ETH) also fell below the $ 1,150 and $ 1,000 support levels, reaching almost $ 900 last night.
However, ETH is currently recovering with a price spike of $ 1,120 and $ 1,135. In fact, Ethereum has also managed to pass the $ 1,130 resistance level and the 100 hour simple moving average (SMA) indicator level.
The prices of Bitcoin Cash (BCH), Litecoin (LTC) and Ripple XRP also moved positive with currently trading at $ 505 (+ 8.18%), $ 145 (+ 5.58%) and $ 0.30 (+ 14.7%), respectively.
Meanwhile, the majority of other altcoins earned more than 10%, except Horizen (ZEN) which jumped almost 40%.
