Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level – Market Updates Bitcoin News

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ETH moves higher, as Bitcoin breaks the $30,000 resistance level.

Following a low of $29,251.89 during Monday’s session,Since falling below $30,000 last week, markets have been volatile, as prices have looked to establish new support and resistance levels.So far, the floor has been the $28,800 level, with a resistance point of $31,500. These were both reestablished last week.

Looking at the chart, the 10-day and 25-day moving averages are still showing bearish sentiment, with both still pointing to downwards momentum. With volatility at a high, traders are still treading carefully in their decision making, which will likely lead to more price uncertainty in upcoming sessions.

 

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Indicators are in a downtrend, so any positive news does not affect the currency. Indicators correct themselves and the bearish wave continues to about 14 thousand, and this number should not be broken under any circumstances

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Post-Monday's low, BTC reached a high of $30,678.68 today. The 10-day / 25-day moving averages show bearish sentiment, indicating downward momentum. Like BTC, ETH reached a high of $2,094.54, about 3% higher than the previous day's low. shortaudionews

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Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week – Market Updates Bitcoin NewsFollowing a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. It is the time to buy some ,I have $7000 and I am bit confused what to buy $APE or $Shib bitcoin will not always fall, I'm waiting for its skyrocket soon. And keep investing usdt in it. BTC is scam pyramid scheme
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