Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Star...
Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low. Bitcoin BTC was once again trading lower on Saturday, as prices were battling to find a floor following Friday’s selloff. After hitting an intraday low of $35,482.13 during yesterday’s session, BTC/USD was marginally higher, but still close to its two-month low. Today’s session has so far seen BTC rise to a peak of....
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Ethereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. Following strong gains on Tuesday, BTC and ETH have both mainly traded sideways, as price uncertainty grips markets. Bitcoin Bitcoin is down just over 1% as of writing, as the world’s largest cryptocurrency continued to trade below $40,000 to start the weekend. On Saturday, BTC/USD has so far fallen to an intraday low of $38,432.93, following an earlier high of $39,510.69. Today’s high is roughly $1,000 lower than yesterday’s peak, where we saw bitcoin....
Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading lower during Friday’s session, as volatility in crypto markets somewhat eased as a result of the Easter break. Following a high of $41,245.49 on Thursday, BTC/USD is down by 2%, dropping to a low of $39,695.74 in the process. Today’s drop pushed prices closer to the long-term floor....
Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week.
Bitcoin
Bitcoin (BTC) was in the green to start the week, as the weekend’s bullish momentum continued in today’s session, sending prices over $22,000.
Following Sunday’s low of $20,778.18, BTC/USD surged to an intraday peak of $22,430.62 earlier today.
The move has seen bitcoin briefly break out of a key....
Ethereum went through weeks of bearishness after which the king of altcoins pushed above the $1000 mark. Over the last 24 hours, it soared close to 9% but in the past week, the coin registered a double-digit loss of 22%. The coin even moved below the $900 mark but as buying strength slowly recovered, ETH moved upwards on the chart. It cannot be said for certain if Ethereum will continue to move northwards because technical outlook still remains quite dicey. Bears are still in control of the market and if the coin fall from the $100 mark, the next trading zone lies between $700-$900. Buyers....
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900.
Bitcoin
Bitcoin started the week trading in the red for a fifth consecutive session, as prices dropped to multi-week lows.
Following a peak of $39,845.92 on Sunday, BTC/USD plunged to an intraday bottom of $38,338.38 earlier today.
This drop is the lowest level BTC has traded at since March 15, when price hit a bottom of....