ETH, BTC slightly higher before the results of the FOMC session-

ETH, BTC slightly higher before the results of the FOMC session-

Ethereum was slightly higher on February 1st, while the markets are preparing for the results of the upcoming meeting of the Federal Open Market Committee (FOMC). Many expect the US Federal Reserve to increase interest rates by 25 basis points to 4.75 %. Bitcoin was in the green on Wednesday when prices rose over $ 23,000.
Bitcoin
bitcoin ( Bitcoin ) in today's session was again over 23,000, when the dealer was again attention to the FOMC session this afternoon directed.
After a low of $ 22,874.43 was recorded on Tuesday, bitcoin /USD today rose to an intraday-high of 23,225.02 $
With today's step, the world's greatest cryptocurrency moved briefly beyond a preliminary upper limit of $ 23,200.
Since the volatility is higher due to the FED session today, the prices have fallen under this point since then and are currently being traded at $ 23,045.02.
This happened when the 14-day relative strength index (RSI) continued to hover at 68.00
At the moment, the index moves at 69.83 and could stay around this brand until the end of the FED session.
ether
uther ( eth ) increased slightly on Wednesday, whereby the prices of the 1,600 dollar zone were approaching.
eth /USD earlier a maximum of 1,598.52 $, which was moved to a low of 1,569.04 follows the day before.
As with Bitcoin, ETH BULLEN were unable to do the prices over the resistance, whereby the earlier dynamics at the time of writing Subject.
from the chart shows that the mood change took place because the RSI was unable to get out of his own upper limit of 58.00
The index currently moves at 57.64, with the 10-day (red) sliding average also changing its trend and is now pointing down.
If this mood is very likely, this is very likely eth will fall on a floor at $ 1,550.
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Will the cryptocurrencies recover after the FOMC session this afternoon? Leave your thoughts in the comments below.
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