Bitcoin, Ethereum Technical Analysis: ETH Climbs Above $1,200 Ahead of US Consumer Confidence Report – Market Updates Bitcoin News

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ETH above $1,200, as markets await U.S. consumer confidence report.

Following a low of $16,054.53 to start the week,This surge saw bitcoin climb from its aforementioned price floor $16,175, which has been in play since earlier in the month of November.Looking at the chart, although prices have surged, it will be a test to see if this momentum can be maintained, due to the relative strength index colliding with a ceiling.

As of writing, the index is hovering marginally above a ceiling of 41.00, with a current reading of 41.12. Should price strength continue in an upward direction, we could see more bulls entering the market, taking

 

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while we all hope that consumer confidence is up...given that inflation is high and there is a recession I don't have my hopes up...but I can always have good dreams!

Thats nice

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That's what I'm making money on, just waiting for the collapse in prices)

FACT

Thats nice

Bitcoin SURGED from $16,100 to R16,600... dear oh dear how the times have changed 🤣🤣

Thats nice

Thats nice

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Will Ethereum hit $1,300 by the end of the month?

Whyyy is everybody keepinnng this a secrett

How comee everyonee is silentt on thiss?

If they stopp this I can no longerr pay my rentsss……

Why did the mediaa keeppp a blind eye on this?

How comee noo one is talkinnng about this

How comee everybody is silentt on thiss

Sorry dude, nothinng can compareee to thiss…….

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets – Market Updates Bitcoin NewsBitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. Ethereum was below $1,200. yea! Thats nice! Ok, I only listen to ChiefraFba for signals!
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