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Bitcoin and Ethereum Try to Recover, APE Pumps and Dumps on Musk’s Move
Bitcoin price remained well bid above the USD 38,000 level, started a short-term upside correction above the USD 38,500 level, and is currently (11:57 UTC) testing the USD 39,000 level. BTC is up over 1% in a day and 2% in a week.
Similarly, most major altcoins are facing key hurdles. ETH must clear USD 2,900 and USD 2,920. XRP is still consolidating near USD 0.615. ADA managed to move above the USD 0.80 resistance level.
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