Following a high of $1,595.86 to start the week,Since hitting a then four-month high of $1,680 on January 21, the world’s second largest cryptocurrency has mostly consolidated.Many in the market somewhat saw this coming, due to prices being significantly overbought, with the RSI hovering between 70.00 and 87.00.
Price strength has since weighed heavily, and at the time of writing, the index is currently tracking at 57.02. has already rebounded from earlier lows, and is currently trading at $1,571.37, with bulls sure to make another run towards the $1,600 zone.Tags in this story
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BTC remains steadily in its's new 'base' of 23K. Will ETH reach it's most desired 1.7k?
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Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally – Market Updates Bitcoin NewsBitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Ethereum declined further on Monday. Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months Waiting for the FOMC meeting. Totally agree, but I only use ChiefraFba for signals and analysis
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