Bitcoin, Ethereum teknisk analyse: BTC konsoliderer forud for Big Week of Economic Data

Bitcoin konsolideret under $24,000 niveau i feb. 27, da kryptovalutamarkederne forberedte sig på en stor uge med økonomiske data. Ordrer på varige varer fra USA vil blive frigivet senere i dag, med forbrugertillidstal sat til tirsdag. Ethereum rose back above $1,600, following a breakout on Sunday.

Bitcoin

Bitcoin (BTC) has largely been in consolidation in today’s session, as markets prepare for a big week of U.S. economic activity data.

Efter en lav af $23,165.23 on Sunday, BTC/USD steg til en intradag høj på $23,654.37 tidligere på dagens session.

The move comes as bitcoin bulls continued to climb higher, following a breakout of the $23,000 level on Saturday.

Since reaching the day’s peak, prices have somewhat slipped, with the world’s largest cryptocurrency currently trading at $23,408.54.

This appears to come as the 14-day relative strength index (RSI) failed to break out of a resistance level of 53.00

Som i skrivende stund, the index is currently tracking at a reading of 51.95, with the next visible point of support at 50.00.

Ethereum

Ethereum (ETH), on the other hand, has been predominantly bullish to start the week, with prices rising back above $1,600.

ETH/USD, which dropped to a bottom of $1,597.21 on Sunday, surged to a peak of $1,645.91 tidligere på dagen.

Prices have mostly climbed in the past few days, after falling to a low of $1,557 at starte weekenden.

Like with bitcoin, earlier gains have eased, as the RSI collided with a wall at the 54.00 mærke.

Since this collision, price strength has declined, with the RSI now tracking at 53.04, og ETH trading at $1,638.06.

Should ETH bulls intend to take price back towards the $1,700 mærke, the first step in this journey would be to move past the 54.00 ceiling.

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Could ethereum climb above $1,700 in the coming days? Efterlad dine tanker i kommentarerne nedenfor.

Elijah Dambell

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. I øjeblikket, he commentates on various asset classes, inklusive Crypto, Aktier og valuta, mens han også er startup-stifter.

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