BTC, ETH consolidate after the climb on Monday - market tactualizations

BTC, ETH consolidate after the climb on Monday - market tactualizations

The crypto markets have slightly consolidated on Tuesday, after yesterday's price increase, in which both Bitcoin and Ethereum have risen to maximum maximum stalls. bitcoin climbed to eth moves to $ 3,200.

Bitcoin

The Bitcoin prices were slightly under yesterday, since profit treatment apparently closed some of their positions.

bitcoin /USD on Monday an intraday high of 45,293.87, but today is close to $ 43,354.61

yesterday's movement, which now looks like a wrong breakthrough, has exceeded its latest resistance of $ 43,770 on the way to its highest level since January 5.

The sliding average of 10 days (red) and 25 days (blue) have crossed upwards, which in the opinion of many indicates that the momentum could continue to increase until a real resistance is found.

Technical analysis of Bitcoin: BTC, Ethe consolidate after the rise on Monday
Bitcoin /USD - Tatshart

If we see another swing, many could see this resistance near the $ 50,000 mark, which has not been reached since the end of December.

The courses have continued at the present time, with a doji being formed in today's chart.

ether

after an intraaday high of $ 3,219.47 on Monday, which was a three-week high, ETH also consolidated during today's session.

at the time of writing, eth /USD fell at a low of 3.062.51 on Tuesday $, as bull positions in the second largest cryptocurrency in the world.

Ethereum is now just above its old level of resistance at $ 3,022, which seems to form a new floor.

The 14-day RSI also fell under its resistance level of 56 and is currently moving by 54.

eth /usd - daily

similar to bitcoin Bulls, despite the current short -term volatility, could give trust to keep positions.

becomes another eth rally is coming this week? Leave your thoughts in the comments below.

eliman@bitcoin.com '

Eliman Damell

Eliman brings a diversified view of the market analysis after working as a broker director, trainer in retail and market commentator in the areas of crypto, stocks and foreign exchange.


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