Yesterday, we discussed a few important supports for bitcoin near USD 4,950 and USD 5,000. BTC remained well supported and recently climbed above the USD 5,100 and USD 5,140 resistance levels. The price even broke the USD 5,200 level and it is currently (08:10 UTC) correcting gains. Similarly, there was an upward move in ethereum above the USD 162 and USD 165 resistance levels. Ripple also rebounded and climbed back above the USD 0.320 resistance. Going forward, there could be a short term downside correction, but the crypto market is likely to bounce back
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