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Bitcoin and Ethereum Rally Hits Resistance, LUNA and SHIB Jump

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Cryptonews

Thu, Jan 13, 2022

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Aliens TLDR

Yesterday, bitcoin price rallied above the USD 42,500 resistance level and even spiked above USD 44,000 before correcting lower.

It is now consolidating gains, with an initial support near the USD 43,200 level.

An immediate resistance is near the USD 44,000 level.

The next major resistance is near USD 44,500, above which the price might start a move towards the USD 45,500 level.

Ethereum price gained pace after it broke the key USD 3,250 resistance zone.

An initial support is near the USD 3,300 level.

The next major support is near USD 3,250, below which the price might test USD 3,150.

On the upside, the price is facing resistance near USD 3,380.

The next key resistance is near USD 488, above which the price might test USD 500.

The next major support is near the USD 138 level.

It is up almost 10% and trading near the USD 0.167 level.

The next major resistance is near the USD 0.172 level, above which the price could rise towards the USD 0.180 level.

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