From the current positions, both Bitcoin (BTC) and Ethereum (ETH) prices may sink below key levels, taking a breather before the next rally.
Investing.com - Ethereum rose above the $278.97 threshold on Saturday. Ethereum was trading at 278.97 by 02:30 (07:30 GMT) on the Investing.com Index, up 5.21% on the day.
Ethereum (ETH) has seen some insane price action over the past several days, with its 2020 rally rapidly turning parabolic as bulls look to propel the crypto past $300.
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
With the Ether price doubling in weeks, the founder of Synthetix, Kain Warwick, has said he believes Ethereum is the reason people are “getting excited about crypto again”