Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens – Market Updates Bitcoin News

) continued to consolidate in today’s session, as prices hovered around the $17,000 mark on hump-day./USD raced to an intraday peak of $17,109.38 earlier in today’s session.

The move saw bitcoin continue to trade under its recent resistance level of $17,180, which has mostly been in place for the last month.Looking at the chart, the consolidation comes as the relative strength index also remained below its own ceiling of 50.00. As of writing, the index is currently tracking at the 47.80 level, and seems to be heading to a floor at the 45.80 mark.will likely be trading at a support point of $16,800 in the upcoming days.

Bitcoin is only way out.

That's good for BTC. Holding well 16k support.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout – Market Updates Bitcoin NewsEthereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. very very soon I will be buying $ETH below $1000 on Bitfinex Always ready to get more coins while still low prices I care
Source: BTCTN - 🏆 531. / 51 Read more »