Bitcoin and Ethereum Show Bullish Signs, Altcoins Rally

Aliens TLDR

Bitcoin price gained pace for a move above the USD 50,000 level and even surpassed the USD 50,500 level.

ADA is consolidating near the USD 1.45 level.

A close above USD 4,120 might push the price towards the USD 4,250 level.

An immediate support is near the USD 4,020 level.

The next key support is near the USD 4,000 level, below which the price might decline towards USD 3,920.

If the bulls remain active, the price could rally towards the USD 1.50 level.

Solana (SOL) is up showing positive signs near the USD 188 level.

XRP price is consolidating below the USD 1.00 level.

If there is a clear move above the USD 1.00 level, the price might start a fresh rally.

The next major resistance is near USD 1.05, followed by the USD 1.12 level.

Out of these, SAND rallied 20% and cleared the USD 6 level.

To sum up, bitcoin price is consolidating above the USD 50,000 level.