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Bitcoin Price and Ethereum Escape Bearish Breakdown, DCR Surges

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Bitcoin price managed to stay above the $18,500 support zone. BTC is currently (11:00 UTC) trading above $19,000. However, the price is still facing a couple of major hurdles near $19,500 and $19,600.Similarly, most major altcoins are attempting an upside correction.

ETH is slowly moving higher towards the $1,325 resistance. XRP is up over 5% and there was a move above the $0.425 resistance.

ADA climbed higher above the $0.45 resistance.After a sharp decline, bitcoin price found support near the $18,250 zone. BTC formed a base and started an upside correction above $18,500.

It was able to recover above the $19,000 level and the 50-hour simple moving average. It is now facing resistance near the $19,200 level.

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