Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend. The token rose marginally above the $19,000 level on Saturday, hovering near a three-month low in recent days. Ethereum was also consolidating in today’s session, as prices moved back above $1,300.
Indhold
Bitcoin
Bitcoin (BTC) rose marginally above $19,000 på lørdag, as markets continued to digest this week’s heightened level of volatility.
Efter en lav af $18,617.55 på fredag, the world’s largest cryptocurrency rose to an intraday peak of $19,374.55 tidligere i dag.
This move saw bitcoin climb back above its key support point of $19,300, following a recent breakout which sent prices to a three-month low.
Ser på diagrammet, the initial price increase in today’s session came as the 14-day relative strength index (RSI) also moved higher, hitting a resistance level in the process.
Since hitting a ceiling of 44.10, BTC/USD prices have fallen from earlier highs, and as of writing are trading at $19,061.70.
Should bulls intend to take the BTC højere, potentially even back above $20,000, this current obstacle on the RSI will need to be overcome.
Ethereum
In addition to bitcoin, ethereum (ETH) has also had a turbulent week — one which saw prices fall to a low of $1,220.
Imidlertid, after hitting this point, which now appears to be a price floor, the token has marginally risen in back-to-back sessions.
On Saturday, ETH/USD steg til en intradag høj på $1,335.28, which comes less than 24-hours after trading at a low of $1,270.20.
As seen from the chart, the move came as its RSI also rose, hitting a height of 38.70 in today’s session.
Similar to bitcoin above, this reading took the index to a resistance point, which has historically been an area where bears reenter the market.
Som i skrivende stund, ETH handler kl $1,327.12, which is still over 3% up from Friday’s floor.
Registrer din e-mail her for at få ugentlige prisanalyseopdateringer sendt til din indbakke:
Do you expect ethereum to climb higher this weekend? Efterlad dine tanker i kommentarerne nedenfor.
Billedkreditter: Shutterstock, Pixabay, Wiki Commons
Ansvarsfraskrivelse: Denne artikel er kun til informationsformål. Det er ikke et direkte tilbud eller opfordring til et tilbud om at købe eller sælge, eller en anbefaling eller godkendelse af produkter, tjenester, eller virksomheder. Bitcoin-Tidings.com giver ikke investeringer, skat, gyldige, eller regnskabsrådgivning. Hverken virksomheden eller forfatteren er ansvarlig, direkte eller indirekte, for enhver skade eller tab forårsaget eller påstået at være forårsaget af eller i forbindelse med brugen af eller tilliden til noget indhold, varer eller tjenesteydelser nævnt i denne artikel.
Læs ansvarsfraskrivelse