Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data – Market Updates Bitcoin News

📆 11/5/2023 12:46:00
📰 BTCTN

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

BTC moves to 7-week low, as ETH drops below $1,800 following U.S. inflation report.

/USD slipped to a bottom at $1,795.67 late on Wednesday, following an earlier peak of $1,886.80.

As a result of the sell-off, the cryptocurrency dropped to its lowest level since April 26, however price has since rebounded.One of the catalysts for the sell-off was a breakout which took place on the RSI, which saw the index fall below 45.00. At the time of writing, price strength is tracking at 43.93, with ethereum now trading at a price of $1,824.22.

It appears that a crossover between the 10-day , and 25-day moving averages will likely occur, and could signal a reversal in momentum.Tags in this story

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report – Market Updates Bitcoin NewsBitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report.
Fuente: BTCTN - 🏆 531. / 51 Leer más »