Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend
Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher , moving back above $19,000. Bitcoin Bitcoin (BTC) rose back above $19,000 on Saturday, as cryptocurrency markets climbed higher to start the weekend. Earlier in today’s session BTC/USD rallied to an intraday high of $19,237.39, which comes less than a day after hitting a low of $18,770.97. Today’s peak sees the token move away from its recent support point of $18,900, following a false breakout in yesterday’s session. BTC/USD – Daily Chart Looking at the chart, the rebound in price has also pushed the 14-day relative strength index (RSI) higher, and it’s now moving towards a resistance point of its own. As of writing, the index is tracking at the 46.35 point, which is marginally below a resistance ...