Största Movers: BCH klättrar till 1 veckas hög, DOT avslår

Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% i skrivande stund, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided with a key support point.

Innehåll

Bitcoin Cash (BCH)

Bitcoin cash (BCH) raced to a one-week high on Wednesday, despite cryptocurrency markets mostly trading lower.

Efter en låg av $103.09 på tisdag, BCH/USD steg till en topp under dagen på $109.09 tidigare under dagens pass.

The move saw BCH hit its highest point since November 8, when the token was trading close to a high of $120.00.

Biggest Movers: BCH Climbs to 1-Week High, as DOT Declines
BCH/USD – Dagligt diagram

As can be seen from the chart above, today’s high saw bitcoin cash move closer to a key resistance level of $110.00.

The 14-day relative strength index (RSI) also rose higher, with the index breaking out of a ceiling of its own.

För närvarande, indexet följer kl 46.52, which is above the aforementioned ceiling at 45.00.

prickar (PUNKT)

prickar (PUNKT) on the other hand was back in the red on Wednesday, snapping a two-day win streak in the process.

DOT/USD was down by as much as 5% i dagens pass, falling to a low of $5.72.

Today’s drop saw the token move closer to its support level at $5.60, which has mostly been in place for the last week.

Biggest Movers: BCH Climbs to 1-Week High, as DOT Declines
DOT/USD – Daily Chart

Tittar på diagrammet, the RSI also dropped to a floor of its own, with the index colliding with its support at 41.00.

Should the index move below this point, we will likely see polkadot move towards $5.30, which would be a two-year low.

Traders will likely also be paying attention to the moving averages, as the indicator still looks positioned for further downward momentum.

Registrera din e-post här för att få veckovisa prisanalysuppdateringar skickade till din inkorg:

Taggar i denna berättelse

Could we see polkadot decline further in the coming days? Let us know your thoughts in the comments.

Elijah Dambell

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. För närvarande, he acts as a commentator across various asset classes, inklusive Crypto, Aktier och valuta.




Bildkrediter: Shutterstock, Pixabay, Wiki Commons

varning: Den här artikeln är endast i informationssyfte. Det är inte ett direkt erbjudande eller uppmaning till ett erbjudande att köpa eller sälja, eller en rekommendation eller rekommendation av någon produkt, tjänster, eller företag. Bitcoin-Tidings.com ger inte investeringar, beskatta, Rättslig, eller redovisningsrådgivning. Varken företaget eller författaren ansvarar, direkt eller indirekt, för alla skador eller förluster som orsakas eller påstås vara orsakade av eller i samband med användningen av eller tilliten till något innehåll, varor eller tjänster som nämns i denna artikel.

Läsa varning