Bitcoin rose closer to the $17,000 level on Saturday, despite crypto markets mostly consolidating to start the week. The global cryptocurrency market cap is down 0.32% as of writing. Ethereum was also higher earlier in the day, with prices nearing the $1,230 level.
Sisu
Bitcoin
Bitcoin (BTC) remained under the $17,000 level to start the weekend, as prices continued to consolidate despite earlier gains.
BTC/USD saavutas kõrgeima taseme $16,905.22 varem tänasel istungil, which comes a day after price was at a bottom, at the $16,793.53 mark.
The move saw the world’s largest cryptocurrency continue to trade above a key point of support at $16,800.
Nagu diagrammilt näha, earlier gains have somewhat eased, as the 14-day relative strength index (RSI) failed to break above a ceiling at 48.00.
The index is currently trading at 46.72, with bulls still attempting to push past the aforementioned point of resistance.
Teiselt poolt, should price strength decline below a floor at 45.00, bitcoin will likely move towards the $16,000 level.
Ethereum
In addition to BTC, ethereum (ETH) also consolidated to start the weekend, with prices edging closer to a key resistance level.
Pärast madalseisu $1,216.34 reedel, ETH/USD raced to a peak of $1,227.00 varem tänasel istungil.
As a result of today’s move, ethereum once again attempted to break out of a key ceiling at the $1,230 level.
Vaadates graafikut, the breakout did not occur, mainly due to the RSI also remaining below a ceiling of its own at 47.50.
Kirjutamise seisuga, the index is tracking at 47.12, with momentum appearing to be bearish as a result of the direction of moving averages (MA).
The 10-day (red) MA extended its downward cross with its 25-day (blue) counterpart, which typically is a sign of price declines.
Register your email here to get weekly price analysis updates sent to your inbox:
Could market sentiment change ahead of Christmas Day? Jäta oma mõtted allolevatesse kommentaaridesse.
Pildi autorid: Shutterstock, Pixabay, Wiki Commons
Vastutusest loobumine: See artikkel on mõeldud ainult informatiivsel eesmärgil. See ei ole otsene pakkumine ega ostu- või müügipakkumise küsimine, või mis tahes toodete soovitust või kinnitust, teenuseid, või ettevõtted. Bitcoin-Tidings.com ei paku investeeringuid, maks, seaduslik, või raamatupidamisalane nõustamine. Ettevõte ega autor ei vastuta, otseselt või kaudselt, mis tahes kahju või kaotuse eest, mis on põhjustatud või väidetavalt põhjustatud mis tahes sisu kasutamisest või sellest sõltumisest või sellega seoses, selles artiklis mainitud kaupu või teenuseid.
Lugege lahtiütlemine