Bitcoin, Protocole de prêt décentralisé Adalend Listing On: L'ETH reste proche du plus bas niveau de 6 semaines pour commencer le week-end

Après une récente série de baisses, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low.

Contenu

Bitcoin

BTC was once again trading lower on Saturday, as prices were battling to find a floor following Friday’s selloff.

After hitting an intraday low of $35,482.13 during yesterday’s session, BTC/USD was marginally higher, but still close to its two-month low.

Today’s session has so far seen BTC rise to a peak of $36,357.75, which is around 0.26% higher than yesterday’s low.

BTC/USD – Daily Chart

Crypto prices have sunk in the past three days, as markets reacted to the Fed’s interest rate decision, and the recent non-farm payrolls report.

Markets across the board have sold off, with the Dow Jones falling by over 1,000 points in recent days.

Many believe that this is a result of traders taking a risk off approach as inflationary pressures continue to grip participants with fear.

Au moment de l'écriture, BTC seems to have found an interim floor of $35,530, with some hoping this could be a launching point towards $37,000.

Ethereum

Saturday also saw ETH attempting to find a form of price support, as prices battled to move away from a six-week low.

Following three consecutive sessions of declines, the world’s second-largest cryptocurrency seemed to have found support at $2,660.

This potential support point comes after the price fell to a low of $2,645.34 on Friday, having since risen to a peak of $2,721.10.

ETH/USD – Daily Chart

This price drop comes as the 14-day RSI also hit a floor of its own, at the 39.10 level, which is the lowest point it has tracked at since last Saturday.

Bulls will be looking at what happened on March 16 for inspiration, when we saw a bounce from this current price point, leading to a nearly $1,000 price increase.

toutefois, should this floor fail to hold, then bears will likely be targeting exits at $2,500.

Tags dans cette histoire

Do you expect bulls or bears to reign supreme this weekend? Leave your thoughts in the comments below.

Elie Dambell

Eliman brings a diversified point of view to market analysis, 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