) continued to trade close to the $17,200 level in today’s session, as traders moved to secure Monday’s gains.However, earlier gains have since diminished, with the world’s largest cryptocurrency currently trading at $17,271.27.Looking at the chart, today’s price consolidation came as the 14-day relative strength index continued to hover close to a key resistance at the 60.00 mark.
Despite the index currently tracking above this point at 60.89, price uncertainty has heightened, leading to previous bulls abandoning positions. Traders may once again attempt to move beyond a price ceiling at $17,400, however this may come later in the week following the release of U.S. inflation data.
It's just the beginning !
market is under the Earthquake wait & watch.
😁🔥💐
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