Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today’s session, as market sentiment remained bearish following last week’s rate hikes by the U.S. Federal Reserve. Ethereum was also lower, falling below $1,300.
Bitcoin
Битцоин (BTC) slipped below $19,000 to start the week, as sentiment in the market remained bearish following last week’s interest rate hike by the U.S. Federal Reserve.
Following a weekend of consolidation, BTC/USD fell to a low of $18,696.47 on Monday, less than 24 hours after trading at a peak of $19,274.87.
Today’s decline pushes bitcoin closer to its long-term support level of $18,300, which was last hit on Wednesday, following the United States FOMC meeting.
Што се тиче писања, BTC has marginally moved away from the aforementioned low, and is currently trading at $18,942.88
Bears look set to recapture this floor, and should this happen, we will likely see the world’s largest cryptocurrency trading at a three-month low.
In order for sentiment to shift, bulls will likely need to move beyond a ceiling of 44.00 on the 14-day relative strength index (RSI).
Ethereum
Етхереум (ETH) was trading lower on Monday, as the token continued to linger below the $1,300 level.
Након максимума од 1,330.44 долара у недељу, ETH/УСД је раније данас пао на најнижи ниво од 1,275.63 долара.
This move comes as the RSI failed to break out of a key ceiling of 39.00, leading to an increase of bearish pressure.
The 10-day (red) moving average also continues to move downward versus its 25-day (blue) counterpart, which is yet another sign of bearish intent.
It appears that bears could be targeting the floor of $1,215, and should they succeed in hitting this point, may begin to slowly exit their positions.
Што се тиче писања, ETH is trading at $1,314.92, as bulls attempt to battle against the sell-off.
Региструјте своју е-пошту овде да бисте добијали недељне новости о анализи цена у пријемно сандуче:
Do you expect ethereum to climb higher this week? Leave your thoughts in the comments below.
Кредити за слике: Схуттерстоцк, Пикабаи, Вики Цоммонс
Одрицање од одговорности: Овај чланак служи само у информативне сврхе. То није директна понуда или прикупљање понуда за куповину или продају, или препорука или потврда било ког производа, услуге или компаније. Битцоин.цом не пружа инвестиционе, пореске, правне или рачуноводствене савете. Ни компанија ни аутор нису директно или индиректно одговорни за било какву штету или губитак проузрокован или наводно проузрокован или повезан са употребом или ослањањем на било који садржај, робу или услуге поменуте у овом чланку.
Source: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-below-19000-as-sentiment-in-crypto-remains-bearish/