This latest high saw/USD rise to $1,774.58, which comes less than 24-hours after the token was trading at $1,604.89.
This was the highest price for ethereum since June 10, when prices were trading at a high above $1,800.However, like bitcoin, earlier bullish momentum has given way as today’s session has progressed, with the token now trading at $1,604.89 Which comes as the 14-day relative strength index failed to break out of a ceiling at the 66 level, and subsequently has now fallen to a reading of 63.72.
If bulls are to reach their target of $1,800 this upcoming weekend, price strength will need to surge beyond this hurdle.Tags in this story
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate – Market Updates Bitcoin NewsCrypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. Earning starts from somewhere Making money through Bitcoin is a huge financial freedom Investing in Bitcoin, which no one can control is the best thing to do not even the government Don't go too further to get educated and earning Follow Chrissdiazn for good mentorship And now lower like a yo-yo Bubble is about to burst
Source: BTCTN - 🏆 531. / 51 Read more »
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’Bitcoin price broke out of range to retest the $24,000 resistance level, but technical analysis suggests that the move could be a fakeout.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin Pumps to $22k as Fed Hikes Rates by 75 BPSThe Fed’s announcement again exercises its influence over global markets – including Bitcoin.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Bitcoin's 9% Price Increase and Ethereum's Return $1,600 Are Misleading: Crypto Market Review, July 28Fake rally or the end of the downtrend? The crypto market's bizarre reaction leaves investors puzzled
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin bull run 'getting interesting' as BTC price hits 6-week highBTC price performance tops six-week highs as Bitcoin bulls watch for a daily close near $24,500.
Source: Cointelegraph - 🏆 562. / 51 Read more »