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The BTC price fell below the $22,000 support level. ETH tested the $1,550 support zone. BNB is up 5%.
BTC Price
After plummeting below the $22,500 support level, the bitcoin price has moved into a bearish zone. BTC has traded below the $22,000 and $21,500 support levels. It tested the $21,000 zone and is currently adjusting for losses. In the opposite direction, the price is facing resistance near the level of $21,650. The next resistance level is near $22,000. The main weekly resistance level is now near $23,000, on which the price can start a new rally.
Immediate support is near the $21,200 level. The next major support is near the $21,000 zone, below which the price may resume the downtrend.
ETH Price
Ethereum price also gained momentum below $1,750. ETH is even trading below the $1,600 support level and testing $1,550. It is adjusting for losses and trading above $1,600. In the opposite direction, the price may encounter resistance near the level of $1,650. The next important resistance level is near the level of $1,720, on which the price can rise steadily.
On the other hand, initial support for ETH is close to $1,580. The next major support is $1,550, below which the price can fall to $1,500.
BNB Price
BNB is still bidding high above the $275 support zone. It recovered and rose more than 5%. The price is currently trading near $300, with immediate resistance at $305.
