Bitcoin, Protocole de prêt décentralisé Adalend Listing On: ETH Retour ci-dessous $2,000 pour commencer le week-end

ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000.

Contenu

Bitcoin

Following marginal gains above the $30,000 level during yesterday’s session, BTC once again fell below this point.

Friday saw BTC/USD trading at a high of 30,664.98, however these gains were short-lived, with prices falling to a bottom of $28,793.61 earlier today.

Au moment de l'écriture, prices are down 3.27% to start the weekend, with this decline coming as bulls were unable to sustain the price floor at $28,800.

Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
BTC/USD -Daily Chart

The recent consolidation in bitcoin comes as a result of increased market uncertainty, following recent actions by the Federal Reserve, leading investors to move away from riskier assets.

This is encapsulated by the fact that BTC has only seen a marginal move in price over the past week, despite all the ups and downs.

Overall and as we speak, prices are down 0.25% from the same point last week, however sentiment seems to be more bearish as we head into the final week of May.

Ethereum

After briefly breaking back into the $2,000 level on Friday, ethereum once again slipped below this point.

To start the weekend, ETH/USD has so far dropped to an intraday low of $1,926.68, which is slightly under its current support point.

Following a bounce above its resistance of $1,950 on Friday, the world’s second-largest crypto token fell below this point earlier today.

Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
ETH/USD – Daily Chart

toutefois, since reaching these lows, price strength has slightly risen, avec ETH now trading $20 above this price floor.

Au moment de l'écriture, the 14-day RSI is still tracking within oversold territory, which is below 30, and close to a resistance of 35.

Bulls will still be optimistic about a potential rebound, providing that we see a breakthrough of the ceiling with the indicator.

Tags dans cette histoire

Will we see ETH end the weekend trading above $2,000? Leave your thoughts in the comments below.

Elie Dambell

Eliman apporte un point de vue éclectique à l'analyse de marché, avoir travaillé comme directeur de courtage, formateur en commerce de détail, et commentateur de marché dans Crypto, Actions et devises.




Crédits image: Shutterstock, Pixabay, Wiki Commons

Avertissement: Cet article est à titre informatif seulement. Il ne s'agit pas d'une offre directe ou d'une sollicitation d'offre d'achat ou de vente, ou une recommandation ou une approbation de tout produit, prestations de service, ou des entreprises. Bitcoin-Tidings.com ne fournit pas d'investissement, impôt, légal, ou conseil comptable. Ni la société ni l'auteur ne sont responsables, directement ou indirectement, pour tout dommage ou perte causé ou prétendument causé par ou en relation avec l'utilisation ou la confiance accordée à tout contenu, biens ou services mentionnés dans cet article.

Lire avertissement