Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC អ was once again nearing the $20,000 level in today’s session, while សាកលវិទ្យាល័យ ETH fell below $1,100 earlier in the day.
Bitcoin
BTC អ moved lower in Friday’s session, as bearish momentum once again reigned supreme in crypto markets.
Following a slight increase in price on Thursday, BTC អ/USD fell to an intraday low of $20,265.23 heading into the weekend.
As a result of Friday’s move, BTC អ moved towards what seems to be its new floor at $20,200 for the third day on the bounce.
Today’s decline also coincided with the 14-day RSI failing to break out of its ceiling close to the 26.35 area.
Whilst this indicator is currently tracking at 25.30, bears will likely attempt to take this to a support point at 22.
Should this occur, we will likely be looking at bitcoin trading below $20,000, which is something that could happen in the next few days.
Ethereum
In addition to declines in BTC អ, សាកលវិទ្យាល័យ ETH was also marginally lower in today’s trading session, as it fell below a key price level.
សាកលវិទ្យាល័យ ETH/USD slipped to an intraday low of $1,058.78 during Friday’s session, which is less than a day after it hit a peak of $1,138.27.
This drop sees សាកលវិទ្យាល័យ ETH now trade marginally above its recent price floor of $1,050, which seems to be one of the last lines of defense preventing a move below $1,000.
ជាការសរសេរ សាកលវិទ្យាល័យ ETH has moved away from earlier lows, and is currently trading at $1,095.12, which is 1.48% lower than yesterday’s high.
Looking on the chart, the Relative Strength Index is tracking at 22, which is higher than its floor at 20.35.
If សាកលវិទ្យាល័យ ETH is to remain above $1,000 during this upcoming weekend, price strength will need to stay above this point.
ស្លាកនៅក្នុងរឿងនេះ
អាច សាកលវិទ្យាល័យ ETH ធ្លាក់ចុះក្រោម $1,000 នៅចុងសប្តាហ៍នេះ? ទុកគំនិតរបស់អ្នកនៅក្នុងមតិយោបល់ខាងក្រោម។
សេវាឥណទានរូបភាព: Shutterstock, Pixabay, វិគីភីឌា
ការមិនទទួលខុសត្រូវ៖ អត្ថបទនេះគឺសម្រាប់គោលបំណងព័ត៌មានប៉ុណ្ណោះ។ វាមិនមែនជាការផ្តល់ជូនដោយផ្ទាល់ឬការស្នើសុំពីការទិញឬលក់ឬការផ្តល់អនុសាសន៍ឬការយល់ព្រមលើផលិតផលសេវាកម្មឬក្រុមហ៊ុនណាមួយឡើយ។ Bitcoin.com មិនផ្តល់ដំបូន្មានការវិនិយោគពន្ធច្បាប់ឬគណនេយ្យ។ ទាំងក្រុមហ៊ុនឬអ្នកនិពន្ធមិនទទួលខុសត្រូវដោយផ្ទាល់ឬដោយប្រយោលចំពោះការខូចខាតឬការបាត់បង់ណាមួយដែលបណ្តាលមកពីការចោទប្រកាន់ឬបណ្តាលមកពីការប្រើប្រាស់ឬពឹងផ្អែកលើការប្រើប្រាស់ទំនិញឬសេវាកម្មណាមួយដែលបានលើកឡើងនៅក្នុងអត្ថបទនេះ។
ប្រភព: Bitcoin
Source: https://coinotizia.com/bitcoin-ethereum-technical-analysis-eth-btc-lower-as-bearish-momentum-returns-on-friday/