Bitcoin Technical Analysis: Bitcoin might get stuck and It needs to take out this level
- Bitcoin is performing well at the moment after hitting a low of 6,430 last week.
- There are a few bullish points on the chart. One is the divergence on the RSI indicator that makes a higher low when price made a lower low.
- This is often a good signal for a move up or that the move lower is running out of steam.
Ethereum Price Analysis: ETH/USD has to break back above $140 for hope of a recovery
- The Ethereum price on Monday is trading in minor positive territory, seen with gains of some 0.50%, in the second half of the session. It is attempting to stabilize following the hard-hit of selling pressure, which was seen last week.
- In terms of news flow; the Ethereum Foundation is continuing to work step by step on its Ethereum 2.0 release. The latest update covers its technical audit, extended testnet, and new block explorer. A Core Researcher at the Ethereum Foundation, Danny Ryan, detailed that Ethereum 2.0 is ready for the first technical audit of its Phase 0.
-
Litecoin Technical Analysis: LTC/USD has big barrier ahead in the way of greater upside
- Litecoin price is trading in the green in the session by some 0.60%.
- LTC/USD has managed to find some firmer footing, after falling to 10-month lows last week.
- The bulls is retesting a critical area of prior support, which cushioned the price from 22 Nov - 15 Dec.
Image Sourced from Pixabay
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: CryptocurrencyNewsEurozoneCommoditiesForexGlobalMarketsTechGeneralBitcoincrypto marketEthereumFXStreetLitecoin
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in