Ethereum/Usd Technical Analysis and What's next From Bitcoin | Crypto Market Updates
Hey sorry for that i took a long break and couldn't update you all!
In this post I'm gonna tell you about the Technical analysis of ETH/usd , bitcoin's next move and Crypto market updates.
ETH/USD TECHNICAL ANALYSIS
Eth recently failed to break the resistance of $290 and got a pullback and is currently traded at $284.5 (at the time of writing this post).
A bearish trend line is formed when you look at the chart below and it also needs to break the $290 to see a breakout.
If there's an upside breakout above $288-290,then the price is likely to go above the $295 level in the near term.
Hourly MACD – The MACD is currently placed in the bearish zone.
Hourly RSI – The RSI is currently below 50.
Major Support Level – $281
Major Resistance Level – $288-290
BITCOIN NEXT MOVE BULLISH OR BEARISH ?
BTC recently has cleared it's resistance of $7150 and currently at $ 7380 .
the current price seems to have a good support at $7300 and this could make Btc head towards $7500 mark and then if it croses that too then we may also see $7800 and then $8500, but only if big whales don't manipulate the market.
Crypto market updates
Chat coin pumped 100% in a day
Monero gained 30% within 7 days due to statis group price prediction
Latest version of Mega chrome extension hacked which steals crypto private keys
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