CRYPTO NEWS - Bitcoin Price Dips Below $24,000, Ethereum Price Analysis
Intro (00:01)
Bitcoin Price: (1:11)
Ethereum News (2:15)
Crypto News: (3:12)
Binance Coin Price: (4:41)
Ethereum Price : (5:15)
Outro: (10:03)
CRYPTO NEWS - Bitcoin Price Dips Below $24,000, Ethereum Price Analysis
In the past few days, ethereum saw a decent increase above the $1,620 level against the US Dollar. ETH price was able to gain pace for a move above the $1,650 level and the 55 simple moving average (4-hours).
The bulls even pushed the price above the $1,700 resistance zone. However, the bears were active near the $1,740 and $1,750 levels. A high was formed near $1,742 and the price saw a downside correction. There was a move below the $1,700 and $1,680 levels.
There was a move below the 23.6% Fib retracement level of the upward move from the $1,462 swing low to $1,742 high. The price is now trading above $1,630 and the 55 simple moving average (4-hours).
After Bitcoin failed to break through the key resistance at $25,200 over the past week, the price is currently on a downward slide. At press time, BTC broke through the $24,000 level to the downside and initially found support at $23,867.
Bitcoin Price: (1:11)
Ethereum News (2:15)
Crypto News: (3:12)
Binance Coin Price: (4:41)
Ethereum Price : (5:15)
Outro: (10:03)
CRYPTO NEWS - Bitcoin Price Dips Below $24,000, Ethereum Price Analysis
In the past few days, ethereum saw a decent increase above the $1,620 level against the US Dollar. ETH price was able to gain pace for a move above the $1,650 level and the 55 simple moving average (4-hours).
The bulls even pushed the price above the $1,700 resistance zone. However, the bears were active near the $1,740 and $1,750 levels. A high was formed near $1,742 and the price saw a downside correction. There was a move below the $1,700 and $1,680 levels.
There was a move below the 23.6% Fib retracement level of the upward move from the $1,462 swing low to $1,742 high. The price is now trading above $1,630 and the 55 simple moving average (4-hours).
After Bitcoin failed to break through the key resistance at $25,200 over the past week, the price is currently on a downward slide. At press time, BTC broke through the $24,000 level to the downside and initially found support at $23,867.
