Bitcoin (BTC) price action indicates a bullish signal from the Relative Strength Index (RSI) and the Awesome Oscillator (AO) indicators, foretelling an upward trend.
Bitcoin price action shows a bullish divergence on the momentum indicators, signaling a bullish move. Ethereum finds support around the key level at $2,817, with an impending rally eyed. Ripple price finds support around the weekly support level of $0.413, with potential recovery on the cards. Bitcoin price action indicates a bullish signal from the Relative Strength Index and the Awesome Oscillator indicators, foretelling an upward trend.
The Relative Strength Index and the Awesome Oscillator on the daily chart are below their respective neutral levels of 50 and zero. For bulls to sustain momentum, both indicators must rise above these critical levels, potentially supporting the ongoing recovery rally. Additionally, if ETH closes above the $3,240 level, it could extend an additional rise of 5.5% to retest its next daily high at $3,717 from June 9.
Bitcoin Ethereum Cryptocurrencies Technical Analysis
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