Bitcoin, Ethereum Technical Analysis: BTC Consolidates Heading Into Easter We...
Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC was marginally lower, as traders prepared for the long Easter weekend. BTC/USD rose to an intraday high of $41,451.48 late on Wednesday, however this resistance point held firm, sending prices lower today. Earlier today, BTC fell to....
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Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month low to start the week, as cryptocurrency prices continued to decline, following recent bearish pressure in the market. Following a peak of $40,570.73 late on Sunday, BTC/USD dropped to a bottom of $38,696.19 during Monday’s session. Today’s drop saw prices fall to their lowest point....
Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels.
Bitcoin
Bitcoin was once again trading marginally above the $40,000 level on Saturday, as markets remained quiet as a result of the Easter break.
BTC/USD rose to an intraday peak of $40,618.84 to start the weekend, following a low of $40,009.09 earlier in the session.
Recent price....
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much as 1.13% as of writing. This decline saw prices hit an intraday low of $38,271.44, following a high of $39,115.13 during Tuesday’s market session, which raised hopes for those targeting $40,000. Today’s move saw BTC’s 14-day RSI once again drop below the resistance level of....
Bitcoin was consolidating below a key resistance level on Tuesday, as market volatility rose ahead of the upcoming U.S. Fed decision. Tomorrow’s Federal Reserve meeting will likely see interest rates increased, as the bank battles inflation. Ethereum moved below $1,600 in today’s session. Bitcoin Bitcoin (BTC) was trading below a key resistance level on Tuesday, ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Following a failed breakout of its $20,800 ceiling on Monday, BTC/USD slipped to a low of $20,287.46 earlier today. Market uncertainty has....
Ethereum price started recovering Intraday against the US Dollar, but it looks like the upside may stall as there is a major resistance around $13.50. Key Highlights. Ethereum price after moving below the $12.00 support area against the US Dollar started recovering. However, the ETH/USD pair is heading towards a major resistance area around the $13.50 level. This week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still intact and may act as a barrier for the buyers. Ethereum Price Resistance. Ethereum price ETH after falling close to the $11.30....