Efter en helghandel nedan $20,000, bitcoin rally av över 10% på måndag för att återta denna nivå. Kryptovalutor var främst i grönt för att starta veckan, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session.
Innehåll
Bitcoin
Bitcoin rebounded from recent drops to start the week, as prices were once again trading above the $20,000 nivå.
Efter en låg av $19,232.30 during Sunday’s session, BTC/USD has rallied to an intraday high of $20,913.32 på måndag.
This rally saw the world’s largest crypto token regain momentum, after falling to its lowest level since December 2020 over the weekend.
Despite today’s gains in price, BTC still remains in a downward slope, and is down 15% from its value at the same point last week.
När jag skrev, prices are now trading close to a recent support point of $20,500, as bulls chose to secure gains, rather than hold onto positions following earlier highs.
This coincided with the 14-day RSI hitting its own resistance level at 29, which has historically stifled attempted rallies in price.
Ethereum
ETH was trading below a key level over the weekend, however it also managed to surge in today’s session.
Monday saw ethereum rise by nearly 15% at its peak, hitting an intraday high of $1,159.99 i processen.
ETH fell to a low of $885 during the weekend, which is the lowest point prices have hit since January 2021.
Similar to BTC, ethereum encountered a stumbling block in today’s session, as bulls fled their positions as the RSI reached a point of resistance.
This is the 30.20 tak, and this coincided with another resistance around the $1,150 punkt, which has seemingly acted as an exit zone.
När jag skrev, prices are currently trading at $1,130, which comes as bulls avoided remaining in trades close to these areas of uncertainty.
Kommer ETH falla under $1,000 at any point this week? Lämna dina tankar i kommentarerna nedan.
Bildkrediter: Shutterstock, Pixabay, Wiki Commons
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