BTC climbs over $ 17,000 again and reaches 3-week high-market tactualizations

Bitcoin rose to a three-week high on January 9th when prices rose over the $ 17,000 mark at the beginning of the week. The step comes days before the upcoming US inflation numbers and since the dealers continue to respond to the Nonfarm Payerolls (NFP) from Friday. Ethereum was also higher and increased to a multi -week high.

Bitcoin

bitcoin ( Bitcoin ) at the beginning of the week, when the markets focused on their US information report this week relocated.

After a low of 16,928.18 $ on Sunday Bitcoin /USD rose to a high at the beginning of today's session of $ 17,283.72

The move saw bitcoin climbing the highest level since December 16, as the price of $ 17.525 lag.

If you look at the chart, today's upper one came when the sliding 10-day average (red) finally crossed its 25-day counter.

In addition, the 14-day relative strength index (RSI) moved slightly beyond its latest resistance of 60.00.

At the moment, the index moves at 60.46, with the next visible upper limit in the range of 63.00

ether

like bitcoin ether ( eth ) also recovered to a multi -week high on Monday, with the prices over a recent upper limit of $ 1,300.

eth /USD in today's session raced on an intraday high of 1,324,01 $, which is less than 24 hours after Low of $ 1,261.95.

similar to Bitcoin, today's rally Ethereum has driven the highest level since mid -December when the coin was over $ 1,350

As can be seen from the chart, an upward crossover of the moving average has also taken place, whereby the RSI also gained dynamics.

currently the index is 66.81, the strongest point since October 29 eth was traded over $ 1,500

If the bullish mood should stop all week, Ethereum will probably climb over the $ 1,400 mark.

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Will we see how Ethereum extends today's profits during the week? Leave your thoughts in the comments below.

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.

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