Bitcoin, Ethereum Technical Analysis: ETH Remains Below $1,100 Despite Prices...
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading under $1,100. Overall, crypto markets were nearly 1% higher as of writing. Bitcoin Bitcoin was trading slightly higher on Wednesday, however prices of the token are still under $20,000 following a recent sell-off. The world’s largest cryptocurrency rose to an intraday high of $19,973.58 in today’s session, as bulls attempted to reenter the $20,000 region. However,....
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Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800.
Bitcoin
Bitcoin (BTC) was trading higher for a third straight day, as prices climbed over $24,000 in today’s session.
The world’s largest cryptocurrency hit an intraday peak of $24,294.79 earlier in the day, which comes after BTC was at a low of $22,722.27 on....
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled back, as prices continue to hover close to recent resistance levels, with some fearing price reversals. Following a high above $48,100 earlier in the week, BTC/USD traded at an intraday low of $46,620.72 during today’s session. Bitcoin has climbed by as much as....
BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above this level as bulls made a comeback on Tuesday, Following a low of $29,251.89 during Monday’s session, BTC/USD rose to a peak of $30,678.68 earlier today. Since falling below $30,000 last week, markets have been volatile, as prices have looked to establish new support and....
Bitcoin remains at the same price level from last week, reinforcing the $600 support area for the entire new cycle. Meanwhile, technical analysis indicates that bullish consensus is getting stronger, increasing the likelihood of a rally from $650 to $820. 5th Elliott Wave forecasting, based on Fibonacci numbers, could be calculated to the technical objective around the $820 area, where several theories point to the delayed next stage. From there, a technical correction should send prices back to $700, giving stragglers a second chance to recalculate their strategies to join. After another....
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in the process. Bitcoin Bitcoin (BTC) was lower for a fifth straight day, as prices of the token slipped below $23,000 in today’s session. Following a peak of $24,121.64 to start the week, the world’s largest cryptocurrency plunged by over $1,000 on Tuesday. This latest decline saw BTC/USD hit....