Ethereum was trading above $2,000 to start the weekend, as the token hit its highest point since May. Crypto markets were back in the green, after marginally consolidating in Friday’s session. Bitcoin moved closer to $25,000 on Saturday, however has still yet to breach this ceiling.
Bitcoin
Bitcoin (BTC) was marginally higher on Saturday, as the token once again attempted to climb above the $25,000 level.
Cuma günü 23,657.27$'lık düşük seviyenin ardından, BTC/USD hit an intraday high of $24,860.05 to start the weekend.
The move saw bitcoin briefly break out of its resistance level of $24,600, and near a two-month high above $24,900 in the process.
Looking at the chart, today’s gains come as the 14-day relative strength index (RSI) finally broke out of its long-term resistance point at the 60.32 level.
As of writing, the index is currently tracking at 61.60, which is slightly below another point of uncertainty, at 61.80.
Overall, earlier gains have somewhat eased, with BTC currently trading at $24,407.29, as bulls seemed to have abandoned previous positions in order to secure profits.
Ethereum
sırasında BTC was struggling to break out of a key point at $25,000, ethereum (ETH) raced past its own ceiling in today’s session.
On Saturday, prices of the world’s second-largest token moved above $2,000 for the first time since May.
Cuma günü 1,868.42$'lık düşük seviyenin ardından, ETH/USD moved to a peak of $2,013.76 earlier in today’s session.
This is the highest point ethereum has traded at since May 23, and comes as price strength also surged past a ceiling of its own.
Looking at the chart, the RSI also raced past its resistance level at 68, and is currently tracking at 71.55, which is its strongest reading since April 4.
As of writing, ethereum is now overbought, which could see bears gradually look to position themselves for entries back into the market.
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Will ethereum climb to further highs this weekend? Leave your thoughts in the comments below.
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Feragatname: Bu makale bilgilendirme amaçlıdır. Satın alma veya satma teklifinin doğrudan bir teklifi veya talebi ya da herhangi bir ürün, hizmet veya şirketin tavsiyesi veya onayı değildir. Bitcoin.com yatırım, vergi, yasal veya muhasebe danışmanlığı sağlamaz. Ne şirket ne de yazar, doğrudan veya dolaylı olarak, bu maddede belirtilen içerik, mal veya hizmetlerin kullanımından veya bunlara güvenilmesinden kaynaklanan veya bunlarla bağlantılı olduğu iddia edilen hasar veya kayıplardan doğrudan veya dolaylı olarak sorumlu değildir.
Source: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-eth-hits-2000-for-first-time-since-may/