Bitcoin and Ethereum try to recover

Bitcoin’s price today is 37,195.20 USD, with a 24-hour trading volume of 24.92 B USD. BTC is up 2.44% in the last 24 hours. It is currently -5.12% from its 7-day all-time high of 39,200.74 USD, and 12.83% from its 7-day all-time low of 32,965.42 USD. BTC has a circulating supply of 18.94 M BTC and a max supply of 21.00 M BTC.

After a short-term decline, bitcoin price found support near the USD 35,500 zone. BTC started a fresh increase and was able to clear the USD 37,000 level. On the upside, the price is facing resistance near the USD 37,500 level. The next major resistance is near USD 38,000, above which the price might rise steadily.

If not, there might be a fresh decline below the USD 36,400 support. The next major support is near USD 35,500, below which the price could accelerate lower.

Ethereum price is stable above the USD 2,400 level. ETH is consolidating near the USD 2,450 level. The first key resistance on the upside is near the USD 2,500 level. The next key resistance is near USD 2,550, above which the price might start a decent increase.

On the downside, an initial support is near the USD 2,400 level. The next major support is near USD 2,320, below which the price might extend losses.

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