Bitcoin, Ethereum Technical Analysis: ETH Hits $1,600 as Crypto Surge Continues on Tuesday – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

ETH briefly breaks out of $1,600, as bullish momentum continues.

rose to an intraday peak of $1,607.03 in today’s session, which is its highest point since July 12 also.

Similar to bitcoin, there has been some profit taking, with prices now trading at $1,525.80, however the token is still higher than Monday’s top.Looking at the chart, the slight decline in price comes as the 14-day RSI moved slightly away from its three-month high of 69.79. The index is currently tracking at 65.09 as of writing, and looks to be headed for a support level at 64.20.

Should it fall below this, then we could see a bullish sentiment shift, however bulls will likely resist this, and look to maintain upwards pressure.Tags in this story

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For now still too soon 😢

🙌

Buy and Hold AXL INU Now! and Thanks me Later 😉 Why? axltoken 🚀 IDO Launchpad ⛓️ Multi-Chain (ETH/BSC) STAKE 🤩 High APR 💠Dex aggregator, 0% tax buy-sell 💎 NFTs ✨ Doxxed devs 👊harmonious community $Axl axl axlinu Binance BSC dogecoin ETH SHIB crypto

Fortunately I’ve managed to spend my Tether on ETH dips.

Bearish divergence on the 4-hour already play out?

Canada Canada Latest News, Canada Canada Headlines

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

Ethereum Tests $1.5K as Bitcoin Charts Fresh Monthly High (Market Watch)While some altcoins such as MATIC, ETC, AVAX, and OKB are up by double-digits, ETH and BTC have charted new monthly highs.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Ethereum Topped $1.6K as Bitcoin Touched $23K (Market Watch)Bitcoin and Ethereum both charted new monthly highs before retracing slightly. ETC continues to steal the show.
Source: Crypto_Potato - 🏆 568. / 51 Read more »