Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday – Market Updates Bitcoin News

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BTC hits 3-week high to start the week.

/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16.

As a result of this, the world’s second largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300.Similar to the trend on bitcoin’s chart, ethereum’s moving average of 10 days continues its upwards ascent versus the 25-day MA. The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00.

Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point.Tags in this story

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Bitcoin will definitely recover by the end of December. That's why I'm keeping a long on bitfinex open

It may be a sign of bull trend. If bitcoin starts trending, other significant cryptos like eth and some others will do the same. It is time to catch the dips.

climb to freefall

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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