Bitcoin
BTC$57 792.76

-3.69%

Ethereum
ETH$2 287.40

-3.90%

Tether
USDT$0.999688

-0.05%

Binance Coin
BNB$533.12

-4.39%

Solana
SOL$130.32

-2.69%

USD Coin
USDC$0.999890

0%

Bitcoin Holds Support, Faces Resistance at $36K


06 Jul 2021

#Bitcoin

Bitcoin (BTC) buyers were active over the weekend, supporting a near 6% price jump that stalled near the $36,000 resistance level. The cryptocurrency was trading around $34,000 support at press time and is down about 3% over the past 24 hours.

The relative strength index (RSI) on the four-hour chart registered an overbought signal on Sunday, which preceded a pullback towards the current support zone. The RSI is oversold on the hourly chart, suggesting further upside is likely towards initial resistance at $36,000.

Bitcoin is maintaining a series of higher lows from the June 22 shakeout around $29,000. This means buyers were able to defend rising support levels, albeit within a tight range. A breakout above $36,000 would yield an upside target towards $40,000 as momentum improves. For now, upside appears limited beyond the month-long trading range given the downtrend since April.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 83.6% 25 $57 792.76 -3.69% 2.25% $1 141 693 733 484 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 75.6% 46 $2 287.40 -3.90% -1.87% $275 265 306 406 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $0.999688 -0.05% -0.05% $118 748 152 081 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 78.8% 33 $533.12 -4.39% 3.01% $77 800 355 328 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 79.2% 41 $130.32 -2.69% -2.21% $61 019 240 479 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.999890 0% -0.02% $35 521 356 396 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 81.2% 36 $0.579047 -1.14% 8.07% $32 650 160 969 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 81.6% 28 $0.099326 -6.17% -4.10% $14 499 890 393 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 72% 59 $5.41 -4.58% 4.61% $13 699 208 585 TON 7 days price change
10 TRON (TRX) TRX TRON predictions 82% 23 $0.148267 -0.66% -4.07% $12 853 314 374 TRX 7 days price change
11 Cardano (ADA) ADA Cardano predictions 80.8% 35 $0.329334 -4.02% -4.00% $11 843 076 007 ADA 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 94.8% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 91.6% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change
15 Avalanche (AVAX) AVAX Avalanche predictions 73.2% 52 $23.36 -4.52% -2.88% $9 478 931 682 AVAX 7 days price change

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