ETH סליפּס אונטער $ 1,100 פאָרויס פון FOMC מינוט באריכט - מאַרק דערהייַנטיקונגען ביטקאָין נייַעס

Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U.S. Federal Reserve, in terms of when it could pivot from current policy. Bitcoin was also lower, hitting a key support point in the process.

ביטקאָין

ביטקאָין (בטק) continued to trade lower on Tuesday, as crypto markets were nervy ahead of Wednesday’s FOMC minutes release.

בטק/USD fell to a low of $15,599.05 in today’s session, which comes less than 24 hours after hitting a high of $16,246.61.

The move pushed the world’s largest cryptocurrency to its lowest point in two years, and came as prices fell below a key support point.

קוק אין די טשאַרט, בטק moved marginally below a floor of $15,600 on Tuesday, before rebounding higher as the session matured.

As of writing, bitcoin is trading at $15,784.68, with the 14-day relative strength index (RSI) tracking at 31.61.

This is slightly above a support of 30.50, which means that there could still be upcoming drops in בטק אין די קומענדיק טעג.

עטהערעום

עטהערעום (עטה) fell for a third consecutive session on Tuesday, with the token moving below $1,100 in the process.

Following a high of $1,140.70, עטה/USD declined earlier today, moving to an intraday low of $1,081.14.

As a result of today’s drop in price, עטה sank towards a floor of $1,080, hitting its lowest point since November 4.

Since hitting this point of support prices have somewhat rebounded, and as of writing the token is trading at $1,095.29.

ניט ענלעך מיט בטק, it appears as עטה has found a floor on the RSI indicator, with the index hovering close to a support at 33.00.

Should this floor hold firm, bulls will likely prepare to return to the market, leading to a shift in current sentiment.

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

Do you expect ethereum to have any further lower lows this week? Leave your thoughts in the comments below.

אלימאן דאמבעל

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