BTC falls below $30,000 to start the weekend, while ETH is above $2,000.
started the week trading below $30,000 following a volatile weekend of trading, which saw prices mainly consolidate./USD fell to an intraday low of $29,412.58 on Monday.
Today’s low has seen prices approach the long-term support level of $28,800, following a rebound from this point on Saturday.Overall, price strength continues to hover in oversold territory, with the 14-day relative strength index tracking at 32.44. This is below a resistance level of 36.40, which was held on Sunday, leading to today’s selloff, as bears re-entered the market.
Should this momentum continue, we will likely see the price floor of $28,800 hit, with a chance of a potential breakout towards $25,000.The world’s second largest cryptocurrency also started the week lower, however, it was able to stabilize above the $2,000 level for most of the session. /USD dropped to a bottom of $2,000.09 on Monday, which is around 3.27% lower than yesterday’s peak of $2,147.19
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Ethereum Hashrate Taps an All-Time High Amid This Week's Crypto Market Meltdown – Mining Bitcoin NewsEthereum’s hashrate touched an all-time high (ATH) on May 13, 2022, at block height 14,770,231, hitting 127 petahash per second (PH/s).
Baca lebih lajut »
Bitcoin (BTC) Price Analysis for May 15Can bulls return the rate of BTC to $30,000 by the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda
Baca lebih lajut »
Terra's Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review – The Weekly Bitcoin NewsWith the nightmare nosedive of Terra's LUNA and UST, the past week has been full of shock, questions, speculation, and broader market resilience in the crypto community.
Baca lebih lajut »
Bitcoin Whales Are Filling Their Bags Despite Warnings BTC Price Could Nosedive To $20,000In the wake of this “speculation derived fear,” Bitcoin has ceded and currently trading at $28,991 after briefly plunging as low as $26,700 Thursday morning.
Baca lebih lajut »
Onchain Analysis Report Says Terra's Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin NewsAfter the Terra fallout, a great number of people on forums and social media asked the question: “Where is LFG’s Bitcoin reserve?'
Baca lebih lajut »
Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000.
Baca lebih lajut »