ETH צוריק העכער $ 1,700, ווי מאַרקעץ ריבאַונד אויף שבת - מאַרק ופּדאַטעס ביטקאָין נייַעס

Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing the $25,000 mark.

ביטקאָין

ביטקאָין (בטק) moved toward the $25,000 mark on Saturday, as crypto markets rebounded from yesterday’s declines.

נאָך אַ נידעריק פון $ 23,712.05 אויף פרייטאג, בטק/ וסד רייסט צו אַ ינטראַדיי הויך פון $ 24,924.04 פריער אין דעם טאָג.

As a result of this move, bitcoin once again broke out of its long-term resistance level at the $24,200 point.

In addition to this, the 14-day relative strength index (RSI) also moved back above its own resistance level at 65.00, after tracking near the 61.00 mark on Friday.

As of writing this, price strength is currently at a reading of 65.29, with a ceiling at 70.00 a possible target for bulls.

The 10-day (red) moving average has also fully shifted course, and looks to be nearing an upward cross with its 25-day (blue) counterpart.

Should this occur, בטק could be above $26,000 before the end of the weekend.

עטהערעום

עטהערעום (עטה) rose back above the $1,700 level to start the weekend, with bulls returning to the fold.

עטה/USD moved to a peak of $1,716.78 earlier in the day, which comes less than 24 hours after trading at a low of $1,656.28.

The world’s second-largest cryptocurrency climbed back above a price ceiling of $1,675 following the move.

At the time of writing, earlier gains have somewhat eased, resulting from the RSI colliding with a ceiling at 63.00.

Since this collision, price strength is now hovering at a reading of 60.44, with ethereum trading at $1,693.41.

If bulls fail to move beyond this hurdle, it is unlikely that עטה will re-capture the $1,700 this weekend.

פאַרשרייַבן דיין E- בריוו דאָ צו באַקומען וויקלי דערהייַנטיקונגען פון פּרייַז אַנאַליסיס געשיקט צו דיין ינבאָקס:

Do you expect bulls to continue to push prices higher today? Leave your thoughts in the comments below.

אלימאן דאמבעל

Eliman ברענגט אַן יקלעקטיק פונט פון מיינונג צו מאַרק אַנאַליסיס. ער איז געווען פריער אַ בראָוקערידזש דירעקטאָר און אָנליין טריידינג עדזשאַקייטער. דערווייַל, ער אקטן ווי אַ קאָמענטאַטאָר אין פאַרשידן אַסעץ קלאסן, אַרייַנגערעכנט קריפּטאָ, סטאַקס און פקס, בשעת אויך אַ סטאַרטאַפּ גרינדער.