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

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ETH, BTC higher for a second consecutive session, for the first time in over 2 weeks.

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.

 

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

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