Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday – Market Updates Bitcoin News

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BTC, ETH near 1-week lows to start the weekend.

Following the better-than-expected jobs report,The move pushed the token close to a key support point of $19,200, and as of writing, it is trading close to a six-day low.Looking at the chart, the 14-day relative strength index has also dropped, and is also approaching a floor of 45.70.

Despite moving closer to this bottom, the 10-day moving average has recently crossed over its 25-day counterpart, which is typically a sign of bullish momentum.move to its floor of $19,200, there will likely be an influx of bulls looking to buy this dip, sending prices higher as a result.) was also down for its fourth consecutive day, with the token breaking out of a key support point in the process.

The world’s second largest cryptocurrency dropped to a low of $1,321.75 on Saturday, a day after hitting a peak of $1,356.88.

 

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Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,400, as Price Hits 10-Day High – Market Updates Bitcoin NewsEthereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. Bitcoin continues to trade above $20,000. 🚀Thnkss a millon. Really, I only listen to ChiefraFba for signals and analysis Good job, Ethereum $ETH
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