Ethereum increases by 10 % at the start in February - market tactics
Ethereum increases by 10 % at the start in February - market tactics
cryptocurrencies were traded higher at the beginning of the month of February because the markets seem to forget the red wave in January. ETH is traded almost 10 % at the time of writing.
Bitcoin
Bitcoin, which had fallen by up to $ 16,000 last month, has recently won a bit again and has increased by over 11 % last week.
This dynamic continued until February bitcoin / Intraday high of $ 39,026.79, the highest level since January 21st.
In today's movement, the 14-day RSI climbed over the resistance brand of 40 and is currently 41, which is the highest price strength that has been recorded in the last 20 days.
As a result of this rally, the prices have broken out slightly from the long-term descending triangle canal, and many now expect an upcoming increase to $ 40,000.
Bitcoin /USD- Tatshart If you look at the above graphic, it seems to give considerable resistance to the current level, although the RSI has exceeded 40, which could possibly lead to some householders.
as soon as a full break takes place, bitcoin / $ 44,000.
ether
eth was also higher at the beginning of the new month and was one of the big promoters under the Top 10 cryptocurrencies.
after a low of 2,556.16 $ on Monday eth /Usdstracht Session on an intraday high of $ 2,788.90, which corresponds to a 10-day high.
this train, which sees eth higher after the resistance brand of $ 2,600 has broken out, which has existed since January 21.
similar to bitcoin A point of uncertainty, and this will probably act as a short -term hurdle for further price increases.
If this resistance is broken, how high could eth go? Leave your thoughts in the comments below.
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