Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling.
Vsebina
Bitcoin
Bitcoin (BTC) moved lower on Tuesday, as bears returned to action following a failed breakout of a key resistance point.
BTC/USD slipped to an intraday low of $19,206.32 prej na današnji seji, moving away from Monday’s peak of $19,698.
Yesterday’s move saw the token briefly move past its ceiling of $19,600, vendar, after failing to maintain momentum, bulls vacated their positions.
As a result of today’s drop, the 14-day relative strength index (RSI) fell to a floor of 47.50, which is its weakest point since Saturday.
Currently the index has rejected a move below this mark, and is tracking at 48.54, as bulls try to regain some of the market sentiment.
Vendar, should we see a move below the aforementioned floor, then we could see bitcoin once again move under the $19,000 level.
Ethereum
ETH/USD was also in the red on Tuesday, as traders appear to have consolidated their gains from yesterday’s session.
Following a move to a three-week high of $1,370 v ponedeljek, ETH/USD fell to a bottom of $1,327.85 prej čez dan.
This earlier decline initially pushed the token below its resistance of $1,330, however as the day progressed, prices somewhat rebounded.
Od pisanja, ethereum is now trading at $1,348.29, which shows that current momentum still remains largely bullish.
An upwards crossover between the 10-day (red) and 25-day (blue) moving averages has now occurred as well, which could be the reason for the shift in sentiment.
Pogled na grafikon, a ceiling of $1,385 still appears to be the target for traders in the coming days.
Register your email here to get weekly price analysis updates sent to your inbox:
Will we see ethereum continue to surge heading into November? Pustite svoje misli v spodnjih komentarjih.
Zasluge za slike: Shutterstock, Pixabay, Wiki Commons
Zavrnitev odgovornosti: Ta članek je zgolj informativne narave. Ne gre za neposredno ponudbo ali nagovarjanje k ponudbi za nakup ali prodajo, ali priporočilo ali odobritev katerega koli izdelka, storitve, ali podjetja. Bitcoin-Tidings.com ne zagotavlja investicije, davek, pravni, ali računovodski nasvet. Niti podjetje niti avtor ne odgovarjata, neposredno ali posredno, za kakršno koli škodo ali izgubo, povzročeno ali domnevno povzročeno z ali v povezavi z uporabo ali zanašanjem na katero koli vsebino, blaga ali storitev, omenjenih v tem članku.
Preberi zavrnitev odgovornosti