BTC stays above $40,000 despite recent selloff, ETH hovers near $2,800.
The ceiling, which resides at $40,600, was broken earlier today and this enticed bears to sell even further, due to the historical action which took place there previously.
Looking at the chart, the engulfing bearish candles on March 4 and 10 act as a reminder how quickly gains can be lost, and this lead to some bulls liquidating their positions. Despite this, the 14-day RSI still remains above 50, which is one of the indications that price strength is still marginally trending upward.mainly traded above $2,800 on Friday, as prices continued to hover below recent resistance of $2,850./USD hit a peak of $2,826.16 during today’s session, as moving averages prepared for an upwards cross.
As can be seen from the chart, the 10-day moving average and the 25-day have finally collided, with the short-term average set to overtake mid-term.
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.
Thursday's deals: $28 Sony headphones, $30 electric toothbrush, $40 Ring Doorbell, moreAmazon deals of the day on Thursday include deep discounts on Sony headphones, electric toothbrushes, Ring Video Doorbells, and more.
Read more »
This $17 Sports Bra on Amazon Looks Just Like Lululemon’s — But It’s $40 CheaperThis Lululemon sports bra dupe on Amazon is affordable and has tons of reviews from shoppers who adore this sportswear.
Read more »
Bitcoin, Ethereum, DOGE See Boost In Ukraine As President Zelenskyy Legalizes CryptoPresident Zelensky has now signed the Law “On Virtual Assets”, thus fulfilling the final requirement for establishing the legal status of cryptocurrencies in Ukraine.
Read more »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data'Law enforcement is able to track crypto transactions including through DeFi protocols much more closely,' AaveAave's RebeccaRettig1 says, adding that DeFi isn't an attractive place for users to evade sanctions. Watch more for regulatory insights:
Read more »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Read more »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataWhether or not bitcoin is a safe hedge against inflation is still to be determined, but it was certainly cause for celebration for some bitcoin traders after yesterday's Fed decisions. HeleneBraunn writes.
Read more »