Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600.
Bitcoin
bitcoin (BTC អ) rebounded from Monday’s lows in today’s session, with prices racing back above the $23,000 level.
បន្ទាប់ពីតម្លៃទាប $22,692.03 ដើម្បីចាប់ផ្តើមសប្តាហ៍។ BTC អ/USD បានឡើងដល់កម្រិតខ្ពស់ក្នុងពេលថ្ងៃគឺ $23,119.28 មុនថ្ងៃនេះ។
The move comes as bitcoin bulls rejected a move towards a long-term support point at $22,500, and instead bought the dip.
Looking at the chart, today’s rebound sees BTC អ snap a five-day losing streak, which came following a six-month high last Thursday.
Tuesday’s reversal also coincided with the 14-day relative strength index (RSI) bouncing from a floor of its own at 60.00.
As of writing, the index is tracking at 62.04, and seems to be on course to collide with a ceiling at 68.00.
Ethereum
Since rejecting a move below $1,600 on Monday, ethereum (សាកលវិទ្យាល័យ ETH) has continued to find stability, with prices edging higher today.
សាកលវិទ្យាល័យ ETH/USD moved to a peak of $1,653.72 to start the day, which comes less than 24 hours after falling to a bottom at $1,611.32.
As a result of this surge, the world’s second largest cryptocurrency looks to be heading towards a ceiling at $1,670.
One of the reasons behind this jump has also been the RSI, which failed to move below a floor at 58.00, and is now at a reading of 60.16.
In addition to this, the 10-day (red) moving average continues to be upward facing, which traders see as a bullish signal.
If this momentum persists, there is a strong possibility that ethereum could be trading close to $1,700 in upcoming days.
ចុះឈ្មោះអ៊ីមែលរបស់អ្នកនៅទីនេះ ដើម្បីទទួលបានព័ត៌មានថ្មីៗនៃការវិភាគតម្លៃប្រចាំសប្តាហ៍ដែលបានផ្ញើទៅកាន់ប្រអប់សំបុត្ររបស់អ្នក៖
Have markets calmed down from Friday’s non-farm payrolls report? 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-rebounds-as-bulls-reject-breakout-of-key-support-level/