BTC, ETH consolidate on Monday, as key resistance levels are hit.
was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level.was consolidating during today’s trading session, as bulls appear to have secured some profits following recent gains./USD rose to an intraday low of $20,965.11 on Monday.
This decline sees bitcoin start the week trading almost 2% lower, however still close to recent highs, as some bullish sentiment still remains.In terms of upwards sentiment, this can be seen in today’s action, with prices bouncing back from earlier lows, and as of writing they sit at $21,261.87.from further gains was that of the 36.45 ceiling on the RSI, and this has turned out to be the case.
Looking at the chart, today’s fall comes as price strength was unable to break out of this point, and as of writing the indicator is tracking at 36.There was a similar story for ethereum in today’s session, as price slipped, whilst also remaining close to recent highs. /USD dropped to an intraday low slightly below $1,200, at $1,199.41, however as the session progressed, ethereum managed to regain some momentum.
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