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Ethereum moves over $ 3,000 to start the weekend -
After a week of consolidation, both Bitcoin and Ethereum prices recovered beyond the most important level of resistance to start the weekend. Bitcoin rose over $ 40,000, while Ethereum climbed over $ 3,000 marks. Bitcoin cryptocurrencies were higher at the beginning of the weekend, since the markets apparently left the recent declining mood behind. The largest cryptocurrency in the world Bitcoin (BTC) became even more valuable on Saturday than it broke out over its $ 40,000 resistance mark. Bitcoin/USD reached an intra-raday high of $ 41,729.43 during the trade time on Saturday, since the markets continue to report yesterday's report on employment figures ...
Ethereum moves over $ 3,000 to start the weekend -
After a week of consolidation, both Bitcoin and Ethereum prices recovered beyond the most important level of resistance to start the weekend. Bitcoin rose over $ 40,000, while Ethereum climbed over $ 3,000 marks.
Bitcoin
Cryptocurrencies were higher at the beginning of the weekend, since the markets apparently left the recent declining mood behind.
The largest cryptocurrency in the world Bitcoin (BTC) became even more valuable on Saturday than it broke out over its resistance brand of $ 40,000.
Bitcoin /USD reached an intra-raday high of $ 41,729.43 during the trade period on Saturday, since the markets continue to respond to yesterday's report on employment figures outside of agriculture.
The movement took place after Bitcoin's 14-day RSI had finally exceeded his latest hurdle of 40, which was held most of the year.
At the moment, the RSI is currently 55.67, the highest level since November 15, when prices were traded over $ 60,000.
The movement brought the moving 10-day and 25-day average closer together, but still no cross has formed.
If this happens at some point, we could see it Bitcoin Trade trade closer to $ 50,000.
ether
Ethereum (ETH) rose for the third time in a row when the world's second largest cryptocurrency rose to a 2-week high.
ETH /USD climbed to a high of $ 3,032.66 on Saturday after it rose by up to 7 % in the last 24 hours and almost 20 % last week.
At the time of writing, ETH has found resistance from the RSI value of 54.40, which coincided with the slowdown of the interest bully momentum with an upper limit of $ 3,015.
On the way to the weekend, retailers will probably watch the moving average to see whether both short and medium-term momentum could continue to swing up.
What could be the next level of resistance for? ETH /US dollar? Leave your thoughts in the comments below.
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