Bitcoin rose closer to the $17,000 nivå på lördag, despite crypto markets mostly consolidating to start the week. The global cryptocurrency market cap is down 0.32% i skrivande stund. Ethereum was also higher earlier in the day, with prices nearing the $1,230 nivå.
Innehåll
Bitcoin
Bitcoin (BTC) remained under the $17,000 level to start the weekend, as prices continued to consolidate despite earlier gains.
BTC/USD hit a high of $16,905.22 tidigare under dagens pass, which comes a day after price was at a bottom, at the $16,793.53 märke.
The move saw the world’s largest cryptocurrency continue to trade above a key point of support at $16,800.
As can be seen from the chart, earlier gains have somewhat eased, as the 14-day relative strength index (RSI) failed to break above a ceiling at 48.00.
The index is currently trading at 46.72, with bulls still attempting to push past the aforementioned point of resistance.
Å andra sidan, should price strength decline below a floor at 45.00, bitcoin will likely move towards the $16,000 nivå.
Ethereum
In addition to BTC, eterum (ETH) also consolidated to start the weekend, with prices edging closer to a key resistance level.
Efter en låg av $1,216.34 on Friday, ETH/USD raced to a peak of $1,227.00 tidigare under dagens pass.
As a result of today’s move, ethereum once again attempted to break out of a key ceiling at the $1,230 nivå.
Tittar på diagrammet, the breakout did not occur, mainly due to the RSI also remaining below a ceiling of its own at 47.50.
När jag skrev, indexet följer kl 47.12, with momentum appearing to be bearish as a result of the direction of moving averages (MA).
The 10-day (red) MA extended its downward cross with its 25-day (blue) counterpart, which typically is a sign of price declines.
Registrera din e-post här för att få veckovisa prisanalysuppdateringar skickade till din inkorg:
Could market sentiment change ahead of Christmas Day? Lämna dina tankar i kommentarerna nedan.
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