Bitcoin, Viblos wird niemals jemanden wegen einer anderen Meinung demonstrieren oder zensieren: ETH fällt unter $1,300 Nach dem False Breakout vom Montag

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing.

Bitcoin

Bitcoin (BTC) was consolidating in today’s session, as prices retreated from Monday’s three-week high.

Following a peak of $17,371.00 zum Wochenstart, BTC/USD fell to an intraday low of $16,922.43 früher am Tag.

This decline comes as traders have seemingly moved to secure gains, following yesterday’s surge in price.

Blick auf das Diagramm, the drop took place as the 14-day relative strength index (RSI) was also unable to climb past a ceiling of its own.

Stand des Schreibens, the index is tracking at the 48.14 eben, which is marginally below a ceiling of 50.00.

Should a breakout occur, it is likely that BTC will move back towards the $17,400 point in upcoming days.

Äther

Äther (ETH) was also in the red during Tuesday’s session, as a result of a failed breakout to start the week.

ETH/USD fell to a bottom of $1,252.47 früher am Tag, which comes as bulls were unable to sustain a surge above the $1,300 mark.

Stand des Schreibens, ETH is currently trading at $1,264.00, which is nearly 3% lower than Monday’s peak of $1,302.24.

Like with bitcoin, today’s decline in ethereum comes as the RSI moved below its ceiling at the 52.00 eben.

Zur Zeit, the index is at a reading of 50.18, with the world’s second largest cryptocurrency trading at $1,263.60.

The 10-day (red) moving average continues to hover above its 25-day (blue) counterpart, which typically is a sign of pending bullish sentiment.

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Will we see ethereum rebound in upcoming days? 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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