Bitcoin, Viblos wird niemals jemanden wegen einer anderen Meinung demonstrieren oder zensieren: ETH zurück oben $1,200, as Federal Reserve Set to Pivot Policy

Ethereum moved back above $1,200 am Donnerstag, as markets continued to react to the latest Federal Open Market Committee (FOMC) Protokoll. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session.

Bitcoin

Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy.

Wednesday’s FOMC minutes showed that “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.”

The news comes as inflation in the United States begins to slow down, following several back-to-back rate hikes.

Following a move to an intraday high of $16,771.48 Am Mittwoch, BTC/USD is trading at $16,544.58 as of writing.

Blick auf das Diagramm, this comes as the 14-day relative strength index (RSI) failed to break out of a ceiling at 40.35.

Zur Zeit, the index is trading at the 39.90 eben, with momentum now moving towards a downtrend, and in particular to a floor of 38.00.

Äther

Auf der anderen Seite, Äther (ETH) moved higher in today’s session, with the token climbing above the $1,200 eben.

ETH/USD rose to a high of $1,211.63 früher am Tag, weniger als 24 hours after trading at a low of $1,153.53.

The move saw ethereum race above a recent resistance level of $1,180, hitting a five-day high in the process.

As can be seen from the chart, the rise in price comes as the RSI climbs above a ceiling at 42.00, und verfolgt derzeit bei 42.50.

Despite this, there is a higher point of resistance at 43.00, which triggered some earlier bulls to liquidate their positions.

In order to reach $1,250, which appears to be the target for remaining bulls, the RSI will first need to move beyond 43.00.

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Do you expect any further surges in ETH in dieser Woche? Hinterlassen Sie Ihre Gedanken in den Kommentaren unten.

Elijah Dambell

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Zur Zeit, he acts as a commentator across various asset classes, including Crypto, Aktien und Devisen.

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