ЕТХ се враќа назад, до 2%, додека БТК се искачува над 30,000 долари

Following a fall below $30,000 on Tuesday, БТК marginally rebounded, as prices began to consolidate above support. ЕТХ was also higher in today’s hump-day session, climbing above $2,400 in the process.

Bitcoin

Bitcoin’s bleeding somewhat eased on Wednesday, as a marginal rebound pushed the price above $30,000.

Prices were trading below this level on Tuesday, as the world’s largest cryptocurrency hit an intraday low of $29,944.80.

Досега денес, БТК/USD has risen to a peak of $32,242.15, as it begins to move away from yesterday’s eleven-month low.

Bitcoin, Ethereum Technical Analysis: ETH Bounces Back, up 2%, While BTC Climbs Above $30,000 — БТК/УСД – Дневен графикон

As of writing, prices have failed to breakout beyond a key resistance level at $32,500, which would bring БТК back into its 2022 trading range.

Following slippage from its own floor of 30.13, the 14-day RSI is now tracking above this level, and is currently at 32.18.

Overall, bitcoin is still oversold, however with uncertainty in crypto markets still rife, it is unclear if we have hit a bottom in БТКцената.

Ethereum

After almost going below $2,100 on Tuesday, ЕТХ was trading higher during today’s session, with prices closing in on a key level.

ЕТХ/USD hit an intraday peak of $2,450.76 earlier today, as bulls attempt to lift prices above the $2,500 resistance line.

Despite today’s rebound in price, any significant surges will be challenged by upcoming hurdles, especially in terms of relative strength.

As of writing, the 14-day Relative Strength Index is tracking at 37.32, which is slightly under resistance of 40.

Should this ceiling be re-captured, we will also likely see ЕТХ above $2,500. However, price uncertainty will likely lead to a decline in upwards momentum.

Overall, prices are currently trading nearly 2% higher than yesterday’s low, with ЕТХ up 1.26% as of writing.

Is now an ideal time to buy an ЕТХ dip, or are there more lows ahead? Leave your thoughts in the comments below.

Елиман Дембел

Елиман носи еклектична гледна точка за анализа на пазарот, работејќи како директор на брокер, едукатор за трговија на мало и пазарен коментатор во Crypto, Stocks и FX.