BTC, ETH prices fall against USD
Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment./USD fell below $43,000 during today’s session, and is down by over 3% as of writing.hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765.
This drop in price comes as the Relative Strength Index of 14-days fell below its floor of 56, and is currently tracking at 53.10.In addition to the decline in price strength, the shorter term moving average of 10-days , is trending downward for the first time since January 30.being down 3.33% in the last seven days, history shows us that the closer we get to support, bulls will likely be waiting to buy the dip.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD slides further below 1.2700 mark, fresh weekly low amid modest USD weaknessThe USD/USD pair witnessed some selling during the early European session and dropped to a fresh weekly low, around the 1.2685 region in the last hour
Read more »
US Dollar Outlook: Will AUD/USD and NZD/USD Rise as Retail Traders Sell?The US Dollar is receiving some love from retail traders, boosting short exposure in AUD/USD and NZD/USD. Could this spell further strength for these pairs? Get your market update from ddubrovskyFX here:
Read more »
USD/CAD retreats to 1.2700 mark amid modest USD weakness, rising oil pricesThe USD/CAD pair trimmed a part of its intraday gains and was last seen trading around the 1.2700 mark, up nearly 0.20% heading into the North America
Read more »
Euro Technical Forecast: EUR/USD Building Up for Downtrend Resumption?The Euro may be in the process of building up to resume the broader downtrend as prices eye a Bearish Rectangle. Will EUR/USD fall as retail traders go increasingly long? Get your market update from ddubrovskyFX here:
Read more »
BTC/USD Forecast: Bitcoin Searches for MomentumBitcoin markets initially tried to rally on Wednesday but gave up gains above the 50-day EMA.
Read more »
BTC/USD Forecast: Is Bitcoin Trying to Break Out?Bitcoin rallied significantly on Tuesday as we are starting to see signs of life again in the crypto markets.
Read more »