Биткойн, Технический анализ Эфириума: BTC консолидирует недавние потери, чтобы начать выходные

Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start the weekend.

Биткойн

Биткойн (BTC) consolidated Friday’s losses to start the weekend, as market volatility eased in today’s session.

Following yesterday’s low of $22,213.24, BTC/USD rose to an intraday high of $22,444.19 ранее в тот же день.

The move sees bitcoin move back above a long-term support point at $22,300, following Friday’s breakout.

Кроме того, 14-дневный индекс относительной силы (RSI) has also appeared to have found a floor, which has helped ease the decline in price strength.

На момент написания, индекс отслеживается на 42.89, which is marginally above the support point at 42.00

One area of concern for aspiring bulls is the imminent downward crossover of the 10-day (красный) and 25-day (синий) moving averages, which could be a signal to future declines.

Ethereum

In addition to BTC, эфириум (ETH) also settled on Saturday, as bearish momentum somewhat wore off.

ETH/USD hit a high of $1,575.87 на сегодняшней сессии, меньше, чем 24 hours after trading at a low of $1,552.45.

As a result of this rebound, the world’s second largest cryptocurrency rose back above a price floor at $1,560.

This could be temporary, Однако, with the 10-day (красный) moving average on the brink of a downwards cross with its 25-day (синий) коллега.

The RSI is now tracking at 45.21, which is relatively higher than yesterday’s bottom at 44.51, and comes as bulls rejected a breakout of the 44.00 floor.

Should price strength move from this point of support, and closer to a resistance level at 48.00, there is a strong possibility that ETH will be above $1,600.

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Элайджа Дамбелл

Элиман ранее был директором лондонской брокерской компании., а также преподаватель онлайн-торговли. В настоящее время, он комментирует различные классы активов, включая Крипто, Акции и валюта, а также основатель стартапа.

Кредиты изображений: Шаттерсток, Pixabay, Викисклад