/USD slipped to an intraday low of $1,506.66 to start the week, as prices continue to consolidate for the seventh consecutive session.
This week-long consolidation has been taking place between a floor of $1,500, and a recent price ceiling of $1,650.Looking at the chart, this sideways trend began following a failed breakout of the 69 resistance level on the 14-day RSI. The index is now tracking at 59, as it heads towards another point of uncertainty, which is at 57. Should relative strength fall below this point, we may see further declines.Tags in this story
I thought that bullish trend has already started in crypto market. In any case cryptos have only one way to skyrocket.
Not that bad. Like it
btc will do it.. It will hold 21500 price level.
Would be better to see BTC below $20K again, for the last time at least. I want to spend all USDT I have now.
the sentiment seems bearish🤣not really and bad either just boring weekend closed. would anticipating for any mexc product to launch within this week cryptoexchange
And maybe it was just a trap, there was no consolidation below 22K, we continue to push into the 200 MA ‼️Look‼️
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