Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low – Market Updates Bitcoin News

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ETH, BTC higher, as Chinese GDP beats expectations.

) was back above the $2,100 level in today’s session, as the token remains near an eleven-month high./USD raced to an intraday high of $2,109.58 earlier in the day.

Today’s peak is marginally lower than Sunday’s high of $2,142, which is the strongest point that ethereum has hit since last May.Similar to bitcoin, this rebound took place as the RSI jumped from its own support point at 68.00. As of writing, the index is now at the 70.24 mark, with a resistance point at 75.00 a possible destination.Register your email here to get weekly price analysis updates sent to your inbox:

 

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