Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks – Market Updates Bitcoin News

Bulls have re-entered the market with relative force in the last few sessions, as some believe we might have seen prices hit their floor.

Looking at the chart, further lows could still be ahead, especially if the 14-day RSI moves back towards its recent low of 19.’s price near as low as $15,000, however bulls will likely fight to prevent this from occurring.Ethereum was also up on Tuesday, as it too rallied for a second consecutive session following recent lows.

The world’s second largest cryptocurrency climbed to an intraday high of $1,168.80 earlier, and this came as prices moved back above $1,000 on Monday.

Yeah but... (be careful everyone deadcatbounce)

Dead cat bounce

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You give us hope in vain... such a faint hope...

It's a fleeting bounce that may last a few weeks, but the low has still not been reached for this cycle. 10k is still lurking as the Fed continues to tighten.

Yahooooo. Lets go

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I hope the rally continues 🚀 🔥 $PAW

That's actually amazing 👏 $PAW

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Good $paw

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This is good. So I have a chance to multiply my usdt invested in bitcoin.

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)The crypto markets have finally seen some relief, with bitcoin jumping above $20,000 and ether reclaiming $1,000.
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