Why Bitcoin Price Could Rally To New ATH Above $50K
Bitcoin price remained in a bullish zone above $45,000. BTC is eyeing a fresh rally above the $48,000 and $50,000 resistance levels.
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Bitcoin price remained in a bullish zone above $45,000. BTC is eyeing a fresh rally above the $48,000 and $50,000 resistance levels.
It’s been a mixed start to the day for the majors. Avoiding the day’s pivot levels would support another breakout day, however.
Ethereum extended its rise and traded to a new all-time high at $1,830. ETH price is trading in a positive zone and it looks set for more gains towards $1,900.
Ethereum gained momentum above $1,650 after bitcoin’s surge. ETH price is still struggling near $1,760, but it is likely to break higher.
TA: Ethereum Rallies To $1,700, Why ETH Remains In Strong Uptrend Reading Time: 2min read Ethereum broke the $1,500 resistance and traded to a new all-time high at $1,697 against the US Dollar. ETH price is correcting gains, but dips are likely to be limited in the near term. Ethereum is up over 10% and it traded to a new all-time high near $1,697. The price is now trading well above $1,600 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher...