Bitcoin, Ethereum price levels to watch

Bitcoin, Ethereum price levels to watch
фото показано с : coinjournal.net

2022-6-28 23:15

The crypto market is coming off one of its worst months as June draws towards a close, with the crypto market capitalization once again moving closer to the $1 trillion mark thanks to fresh resilience among buyers.

Bitcoin and Ether, the top two cryptocurrencies by market cap, currently trade around $20,850 and $1,190 respectively. The leading crypto assets have an intraday high of $21,469 and $1,245 and both have managed to stay above the key support levels established over the week.

But where do the two cryptocurrencies go from here? What levels should investors watch on the downside?

Analyst says the 200-week moving average is key

According to Bloomberg analyst Joanna Ossinger, the key price levels are at the 200-week moving average. For Bitcoin, that is currently around the $22,000 level, while for Ether, it’s near the $1,100 mark.

However, the “round levels of $20,000 for Bitcoin and $1,000 for Ether are still a big deal,” she said during Monday’s Bloomberg Markets and Finance show. 

These levels provide the critical support zones for BTC and ETH respectively in case of fresh selling. If BTC/USD and ETH/USD hold above these zones, then buyers could be looking at new momentum above their 200-week moving averages.

On the downside, crypto analyst Rekt Capital says BTC could drop to prices near $16,000.

Last week, #BTC printed similar buy-side volume to the 2018 Bear Market Bottom at the 200-week MA

During the formation of the 2018 bottom however, that buyer volume preceded extra -20% downside

If $BTC were to drop an extra -20% soon, price would reach ~$16400#Crypto #Bitcoin pic.twitter.com/7ZHFT70xmC

— Rekt Capital (@rektcapital) June 27, 2022

For Ether, il Capo says a drop to $700-$800 is possible.

$ETH

Decreasing volume into resistance, and looking like a corrective move.

Next support: $700-800 https://t.co/MajQe7R2ms pic.twitter.com/hZpkmKjjgj

— il Capo Of Crypto (@CryptoCapo_) June 27, 2022

The post Bitcoin, Ethereum price levels to watch appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2436.25 (-0.09%)
Объем 24H $17.876b
Изменеия 24h: -1.47 %, 7d: -7.15 %
Cегодня L: $2366.56 - H: $2443.23
Капитализация $293.365b Rank 2
Цена в час новости $ 1183.3 (105.89%)

bitcoin watch levels price ethereum june draws

Источник: coinjournal.net

bitcoin watch → Результатов: 126


Фото:

Market Correction Could Be the Perfect Entry Point for Price-Conscious Institutional Investors

For individual investors, the recent market decline is a nightmare as they could only watch helplessly as their digital holdings shrink in value because of the plunge in crypto prices. However, the downturn did not seem to rattle institutional investors as much as they continue to march ahead with their plans to enter into the […] Market Correction Could Be the Perfect Entry Point for Price-Conscious Institutional Investors was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-13 17:59


Bitcoin Price Watch: Currency Falls Again as Enthusiasts Try to Stay Positive

At press time, the bitcoin price has fallen even further, and is now sitting at just over $6,100. That means bitcoin has dropped by over $300 since yesterday, and over $1,000 in about a week. The bull run that enthusiasts were allegedly seeing is now a thing of the past, and we are back in […] The post Bitcoin Price Watch: Currency Falls Again as Enthusiasts Try to Stay Positive appeared first on NullTX.

2018-9-9 00:37


Фото:

6 Altcoins to Watch Over the Weekend – 2018 Week 36 Edition

Every time the Bitcoin price goes up in a spectacular fashion, altcoins are usually to follow suit. Some currencies tend to show a lot more positive momentum than others in this regard. The following tokens, ranked by lowest to highest overall gains over Bitcoin at this time, show interesting things can happen over the next […] The post 6 Altcoins to Watch Over the Weekend – 2018 Week 36 Edition appeared first on NullTX.

2018-9-8 06:47


Фото:

Bitcoin Transactions Get a Charge from the Lightning Network

On September 5, 2018, the Lightning Network launched hoping to give Bitcoin adoption another charge. Lightning Network collaborated with payment processing startup CoinGate which is adding 4,000 merchants to the off-chain system CoinGate merchants can accept payments from the Lightning Network which include high-end watch brands like Chronoswiss, and Louis Chevrolet.

2018-9-6 19:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum price briefly touches $2,700 as ETH comes to life

In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794.