Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also in the green, as it neared a key resistance level.
Bitcoin
bitcoin (BTC អ) rose briefly above the $17,000 level on Wednesday, as markets began to anticipate the release of the upcoming U.S. consumer confidence report.
បន្ទាប់ពីតម្លៃទាប 16,763.66 ដុល្លារកាលពីថ្ងៃអង្គារ។ BTC អ/USD បានឡើងដល់កម្រិតខ្ពស់ក្នុងពេលថ្ងៃនៃ $17,012.98 មុនក្នុងវគ្គជួញដូរថ្ងៃនេះ។
Today’s surge comes as prices once again rose above a key resistance level at the $16,800 level.
ក្រឡេកមើលតារាង, BTC អ has moved away from earlier highs, with the coin currently trading at the $16,868.40 mark.
This comes despite the 14-day relative strength index (RSI) failing to break out of a recent ceiling at 49.00.
As of writing, the index is tracking at the 47.03 level, and seems to be heading for a floor at 46.00.
Ethereum
Ethereum (សាកលវិទ្យាល័យ ETH) continued to trade above $1,200 on Wednesday, with bulls pushing prices closer to a key resistance level.
សាកលវិទ្យាល័យ ETH/USD hit a peak of $1,224.09 earlier in today’s session, which comes less than 24 hours after hitting a bottom of $1,206.44.
Despite prices nearing a ceiling at the $1,230 mark earlier in the day, bearish sentiment has increased at this level, leading to previous bulls retreating.
As of writing, the world’s second largest cryptocurrency is trading at $1,214.44, which comes following a recent crossover of moving averages.
Looking at the chart, a downward cross between the 10-day (red) and 25-day (blue) moving averages has occurred, which typically is a sign of pending declines.
Should this momentum intensify in the coming days, សាកលវិទ្យាល័យ ETH could likely move back towards a floor of $1,160.
ចុះឈ្មោះអ៊ីមែលរបស់អ្នកនៅទីនេះ ដើម្បីទទួលបានព័ត៌មានថ្មីៗនៃការវិភាគតម្លៃប្រចាំសប្តាហ៍ដែលបានផ្ញើទៅកាន់ប្រអប់សំបុត្ររបស់អ្នក៖
Will today’s consumer confidence report send crypto prices higher? Leave your thoughts in the comments below.
សេវាឥណទានរូបភាព: Shutterstock, Pixabay, វិគីភីឌា
ការមិនទទួលខុសត្រូវ៖ អត្ថបទនេះគឺសម្រាប់គោលបំណងព័ត៌មានប៉ុណ្ណោះ។ វាមិនមែនជាការផ្តល់ជូនដោយផ្ទាល់ឬការស្នើសុំពីការទិញឬលក់ឬការផ្តល់អនុសាសន៍ឬការយល់ព្រមលើផលិតផលសេវាកម្មឬក្រុមហ៊ុនណាមួយឡើយ។ Bitcoin.com មិនផ្តល់ដំបូន្មានការវិនិយោគពន្ធច្បាប់ឬគណនេយ្យ។ ទាំងក្រុមហ៊ុនឬអ្នកនិពន្ធមិនទទួលខុសត្រូវដោយផ្ទាល់ឬដោយប្រយោលចំពោះការខូចខាតឬការបាត់បង់ណាមួយដែលបណ្តាលមកពីការចោទប្រកាន់ឬបណ្តាលមកពីការប្រើប្រាស់ឬពឹងផ្អែកលើការប្រើប្រាស់ទំនិញឬសេវាកម្មណាមួយដែលបានលើកឡើងនៅក្នុងអត្ថបទនេះ។
Source: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-briefly-above-17000-ahead-of-us-consumer-confidence-report/