Ethereum was back below the $1,300 level on Wednesday, nagu USA. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Ameerika Pank, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. majandust, despite the global slowdown. Bitcoin was also back in the red.
Sisu
Bitcoin
Bitcoin (BTC) was trading lower on Wednesday, as prices continued to decline following a failed breakout of a resistance at $19,550.
Pärast kõrget $19,655.75 teisipäeval, which saw BTC/USD move past the aforementioned ceiling, prices slipped to a low of $19,144.77 earlier today.
Wednesday’s drop sees the token move closer to a breakout below $19,000, with bears likely targeting a floor of $18,900.
Bearish sentiment has largely been present during what many are calling “red October,” with BTC trading below $20,000 for the majority of the month thus far.
Vaadates graafikut, the 10-day (red) moving average has extended its downward cross with the 25-day (blue), which could be a sign of further declines to come.
Lisaks sellele, the 14-day relative strength index (RSI) is tracking at 45.50, on its way to a floor at the 44.00 point.
Ethereum
Like BTC, ethereum (ETH) fell for a second consecutive day, as the token moved below the $1,300 level.
Earlier in yesterday’s session, the token was trading above a ceiling of $1,330, however after failing to sustain a breakout, bears reentered the market.
The world’s second largest cryptocurrency fell to an intraday low of $1,291.66, a day removed from hovering at a high of $1,332.49.
Nagu diagrammilt näha, today’s decline in ETH comes as the 14-day RSI continued to fall from its own ceiling of 46.80.
Praegu, the index is tracking at 43.47, with the next visible point of support close to the 36.00 region.
Should price strength continue to deteriorate, we could soon see ethereum move further into bearish territory.
Register your email here to get weekly price analysis updates sent to your inbox:
Could we see ethereum fall below $1,300 see nädal? 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