ETH slips below $1,300, as bears return following Monday's surge in price.
Following a peak of $17,371.00 to start the week,This decline comes as traders have seemingly moved to secure gains, following yesterday’s surge in price.Looking at the chart, the drop took place as the 14-day relative strength index was also unable to climb past a ceiling of its own.
As of writing, the index is tracking at the 48.14 level, which is marginally below a ceiling of 50.00.will move back towards the $17,400 point in upcoming days.
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.
Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday – Market Updates Bitcoin NewsBitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high.
Read more »
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year – Markets and Prices Bitcoin NewsStandardChartered Bank sees the price of bitcoin dropping to $5,000 as one of the next year's financial-market surprises. $BTC
Read more »
Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts ProfitabilityThe difficulty of mining bitcoin just dropped by 7.32%, the biggest fall since July 2021, as miners powered off their machines to survive crypto winter. egreechee reports.
Read more »
Swingby Partners With Chainlink To Secure Bitcoin Bridge – Press release Bitcoin NewsPRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is
Read more »
Acura Finally Confirms the 2024 Integra Type S with 300+ HPThis hotted-up version of the revived Integra shares its 2.0-liter turbo-four with the Honda Civic Type R and comes with a six-speed manual transmission.
Read more »
The Arduboy Mini Is a Matchbook-Sized Retro Handheld Packed With Over 300 GamesIt's an even smaller version of the credit card-sized Arduboy that now encourages hardware hacking.
Read more »