Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland – Market Updates Bitcoin News

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ETH moves towards $1,200 — markets cautious following Poland missile explosion.

/USD was trading by as much as 4% lower, dropping to a bottom of $1,218.84 in today’s session, a day after trading at a high of $1,283.20.

The move saw the token marginally break out of a recent support level of $1,220, which is typically the last line of defense prior to prices falling below $1,200.As we have seen with bitcoin, ethereum also encountered a ceiling on its 14-day RSI, failing to move beyond the hurdle of 43.00. Currently, the index is at a reading of 39.85, and should it decline below an upcoming floor of 38.00,The moving average of 10 days still seems to have further downward momentum to come, which may also be a signal of upcoming sentiment.Tags in this story

 

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ETH is making the new dip to spend USDT on.

Well I think to buy some eth on bfx while the price is quite low

Well, spending USDT on the ETH dips is always a good idea.

yea.

wow!.

wow!.

yea.

WOW.!

wow!.

wow!.

wow!.

wow!.

WOW.!

Wtf? Next they will blame crypto declining due to political leaders having bad gas 👎🏽😆

yea.

WOW.!

It is suggested that you can convert your BTC and ETH into USDT now to ensure that there will be no more losses. This is not the lowest point in the encryption market, and it is not suitable for long-term holding.

😂😂😂

Nop market don’t follow missile 🤣

🤣 Missile fired by Ukrainians by mistake

yea.

WOW.!

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