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Mixed trading continued in the cryptocurrency segment today, with the latest beneficiaries of the capital rotation such as Ripple, Cardano, NEM, and Stellar entering a short-term correction, while some of the most established coins continuing their correction despite a late-day bounce.

Ethereum provided the most stable uptrend so far this year, and the currently third most valuable coin cleared the historic $1000 price level for the first time ever on some of the exchanges. The coin remained slightly below the $100 billion level in market capitalization, as the total value of the coins is close to $750 billion.

ETH is once again getting overbought from a short-term perspective, while still being stretched on the daily chart, and traders shouldn’t add new positions here. Support levels are found at $850, $740, $625, $575, and between $480 and $500.

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ETH/USD, 4-Hour Chart Analysis

Bitcoin has been trading lower for most of the session today, but the coin recovered above the $15,000 later on. And it remains inside the relatively narrow range of the last couple of days. The long-term setup is now neutral, and we still expect further correction in the coming weeks with a possible dip below the $10,000 level. Primary support is still found near $13,000, with further levels at $11,300, $10,000, $9000, and stronger levels at $8200 and $7700.

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BTC/USD, 4-Hour Chart Analysis

Litecoin
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LTC/USD, Daily Chart Analysis

Litecoin remains relatively weak compared to the other majors, and it’s still trading well below the primary resistance zone between $250 and $260 following yesterday’s dip. The coin remains under long-term pressures and another leg lower on the correction is likely soon, with key support levels found at $125 and $100, with a weaker zone at near the $170.

Dash
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DASH/USD, 4-Hour Chart Analysis

Dash turned volatile today in late trading, but it settled down near the levels of the recent days after that, still inside the range of the mini-crash two weeks ago. The currency continues to trade in a larger scale correction pattern, and we expect a dip below the recent lows in the coming period.  iMajor support levels found are still found near $1000, slightly above $800, at $650, and near $600.

Ripple
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XRP/USD, 4-Hour Chart Analysis

Ripple built a short-term top yesterday, after breaking out above the $3 level, and the coin is now once again overbought both on the short- and long-term charts. As the short-term uptrend is still clearly intact, traders could still hold small positions here, but investors should wait with adding to their holdings until the next deeper correction. Primary support is now at $1.50 with further levels at $1.8, $1.25, $0.85, $0.68, and $0.42.

Ethereum Classic
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ETC/USD, 4-Hour Chart Analysis

Ethereum Classic spiked higher together with Dash today, but the coin is also struggling to hold on to its gains, although it’s trading above for now. We still expect the coin to continue its correction despite the recent rally, with a likely dip below the $23 support during this cycle. Strong support under that level is at $18, while further resistance around $40.

Monero
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XMR/USD, 4-Hour Chart Analysis

Monero still remains under long-term bearish pressures, and the coin is trading lower today after nearing the strong $400 resistance in early trading. The currency is below the previously dominant rising trend, and the ongoing correction is likely to continue in the coming weeks, with primary support still found at $300 and further important levels are at $240, $200, $180, and $150.

NEO
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NEO/USDT, 4-Hour Chart Analysis

NEO continued higher today after surpassing the $100 level for the first time ever yesterday, as the long-term picture is now getting overbought. That said, there is still room for short-term gains, and although investors should already reduce their positions, traders could still play the trend. Key support levels are now found at $80, $64, and $56.

IOTA
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IOTA/USD, 4-Hour Chart Analysis

IOTA is still trading in the narrow range that developed in the first days of the year, despite some volatility today, and it remains inside a broader correction pattern. We still expect the coin to continue its correction, although it is ahead of the rest of the majors in the cycle, and an early bottom is possible compared to the rest of the majors. Strong support levels are still found at $3 and $1.5, with a Fibonacci support between those at $2.35.

Source: [Hacked](https://hacked.com/technical-analysis-ethereum-price-flirts-1000-bitcoin-stuck-near-15000/)