Following a high of $1,619.45 on Thursday,Today’s move came as the world’s second largest cryptocurrency was unable to break out of a resistance level of $1,640 on Wednesday.Since this time, prices have moved to lower lows in back-to-back sessions, with ethereum’s RSI also dropping below a key point of support.
The index is tracking at 61.94, which is marginally under its recent floor at 63.00, and its weakest level since January 8.will hit a floor at $1,500.Tags in this story
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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,600 as Relative Strength Sinks – Market Updates Bitcoin NewsEthereum moved below $1,600 on Jan. 25, with bears selling previously overbought cryptocurrencies. Bitcoin also fell below $23,000. Brilliant, but using ChiefraFba for signals and analysis Or...........could be just a normal price corretion to make a higher low and keep going higher because everybody know that the price will never go up forever. Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
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