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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout – Market Updates Bitcoin News

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ETH slips below $1,300, as bears return following Monday's surge in price.

Following a peak of $17,371.00 to start the week,This decline comes as traders have seemingly moved to secure gains, following yesterday’s surge in price.Looking at the chart, the drop took place as the 14-day relative strength index was also unable to climb past a ceiling of its own.

As of writing, the index is tracking at the 48.14 level, which is marginally below a ceiling of 50.00.will move back towards the $17,400 point in upcoming days.

 

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Now Bitcoin with a new bottom of 16.9K. We are BULLISH!

BTC has remained strong with its new bottom on the 17K mark. With a green 7d period, it looks like the bears nor the bulls are still arriving.

J'aime

Well, sounds like a good sale to spend my USDT on

That’s bad.

I care

Always ready to get more coins while still low prices

very very soon I will be buying $ETH below $1000 on Bitfinex

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