BTC, ETH begin the weekend after the salary statements on Friday - market tactualizations

Bitcoin approached the $ 17,000 mark at the beginning of the weekend, since the dealers continued to respond to the latest US employment data outside of agriculture. The number of employees in December was 223,000, which was better than the 200,000 markets expected. Ethereum was also higher on Saturday, with the prices approaching a three-week high.

Bitcoin

bitcoin ( bitcoin ) approached the level of $ 17,000 on Saturday, since the dealers continued to be the latest US arbitrary markets on Saturday (NFP) reacted.

The NFP numbers of the last month amounted to 223,000, which is 23,000 higher than expected, and this was in a month in which the Federal Reserve increased interest rates by less than in the previous months.

As an answer to this Bitcoin /USD rose to a high from 16.991.99 and moved near one Three-week high.

as can be seen from the chart, today's rally came when the sliding 10-day average (red) approached a crossover with its 25-day counterpart.

This, since the 14-day relative strength index (RSI) also attracted and via an important resistance point at 50.00 climbing

The index is currently 52.24, with the next visible upper limit of the 55.00 mark, which is probably the goal of the bulls.

ether

In addition to bitcoin ether ( eth ) also moved up at the beginning of the weekend, whereby the prices gradually approached the $ 1,300 mark.

After a low of eth /usd rast on an intraday-high of 1.27.22 $ December 17th.

Today's movement comes from the fact that an upward crossoor of the sliding average has recently taken place, with the 10-day trend line (red) moving up to the 25-day line (blue).

Typically such a movement is a sign of a current and future interest bullish momentum, and this could probably tempt more bulls to get back into the market.

The next goal will undoubtedly be the above limit of $ 1,300, which is probably reached as soon as the RSI exceeds its current upper limit of 59.00

Set your email address here to receive weekly price analysis updates to your inbox:

Do you expect Ethereum to climb over $ 1,300 this weekend? Leave your thoughts in the comments below.

sich-der.jpg" Class = "Avatar Avatar-150 Photo ">

Eliman Damell

Eliman brings an eclectic view of the market analysis, he was previously a broker director and trainer in retail. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange.

Bedy verification : Shutterstock, Pixabay, Wikicommons