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XRP Price Storms 20%, Leads Recovery in Bitcoin and Ethereum

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Bitcoin price managed to escape a bearish breakdown below the $18,000 support. BTC is currently (03:10 UTC) trading above $19,000.

A clear move above the $19,550 and $19,600 resistance levels might start a decent increase.Similarly, most major altcoins are moving higher.

ETH gained over 5% and surpassed the $1,320 level. XRP outperformed with a strong move above the $0.45 resistance. ADA is moving higher towards the $0.465 level.After forming a base above the $18,500 level, bitcoin price started an upside correction.

BTC was able to recover above the $18,800 resistance zone and the 50-hour simple moving average. The price even broke the $19,200 level and tested the $19,500 resistance.

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