Bitcoin Inches Higher, Ethereum Consolidates, XRP Gains Traction

BTC broke the USD 54,000 level and it is currently showing a few signs of possible more upsides.

The next major resistance is near USD 55,500, above which the price could surge towards the USD 56,500 level.

A close above USD 2,800 could set the pace for a strong surge in the coming sessions.

If the bulls remain in action, there are chances of an increase towards the USD 1.65 level.

Many altcoins climbed over 5%, including XVS, WAVES, FTM, ICX, HT, OKB, MATIC, DASH, CHSB, AVAX, DOT, RUNE, and NEAR.

To sum up, bitcoin price is showing a few positive signs above USD 54,000.

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