Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend

Following a week of consolidation, bitcoin and ethereum prices both rallied past key resistance levels to start the weekend. Bitcoin moved beyond $40,000, with ethereum climbing over the $3,000 mark. Bitcoin Cryptocurrencies were higher to start the weekend, as markets appear to have moved past recent bearish sentiment. The world’s largest cryptocurrency bitcoin (BTC), became even more valuable on Saturday, as it broke out of its $40,000 resistance level. BTC/USD hit an intraday high of $41,729.43 during Saturday’s session, as markets....

Bitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend. As the Russian invasion of Ukraine heightened, crypto traders appeared to take a risk-off approach this weekend, however some bulls seemed to return to start the week. Bitcoin Bitcoin ended two consecutive sessions of decline to start the week, as the world’s largest cryptocurrency seemed to have found its price floor. BTC/USD hit an intraday low of $37,268.98 earlier in today’s session, with prices now climbing towards resistance above $40,000. This rebound comes after prices found....

Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session. Bitcoin Bitcoin rebounded from recent drops to start the week, as prices were once again trading above the $20,000 level. Following a low of $19,232.30 during Sunday’s session, BTC/USD has rallied to an intraday high of $20,913.32 on Monday. This rally saw the world’s largest crypto token regain momentum,....

Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading close to a key resistance level on Monday, as bullish momentum seemingly returned to crypto markets. Following a low of $19,124.20 on Sunday, BTC/USD surged to a peak of $19,646.65 earlier in today’s session. This....

Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day losing streak which has pushed price close to multi-week lows. Following a peak of $40,524.76 on Friday, the world’s largest cryptocurrency fell to a low of $39,315.42 earlier today. This move is less than 48 hours removed from BTC/USD trading above resistance of $42,500. However, following a....