Bitcoin, Ethereum Technical Analysis: ETH Remains Below $2,800 to Start Weekend – Market Updates Bitcoin News

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Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment.

This drop in price comes as price strength has also firmly entered oversold territory, after breaking below the 44.20 floor of the 14-day RSI.

We are now tracking at 43.55 on this indicator, which is its lowest reading since February 3, where bitcoin was traded at a low of $36,200. Despite the recent fall, there still seems to be the possibility of further declines, should downside momentum continue to persist.was on the verge of falling below $2,700 as of writing, as the #2 cryptocurrency continued to extend this week’s losing streak./USD fall to an intraday low of $2,712.96 during today’s session, as such maintaining a two-week low in the process.

Looking at the chart, the Relative Strength Index on 14-days has also slipped to multi-week lows, and currently tracks at 41.28, its lowest point since February 2.

 

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD – Market Updates Bitcoin NewsCryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Huge drop We don't buy bitcoin We earn bitcoin from mining I’m ready to show anyone interested how to earn over 0.1BTC ($4200) without sending out funds to anyone. No referral No withdrawal fees If interested, send a DM. This is not so important. The main thing is that I have Bitcoin and I hold it on Bitfinex. Will ever rise. I will wait
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