Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High – Market Updates Bitcoin News
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BTC, ETH both race to 3-week highs to start the week.

/USD raced to an intraday high of $1,324.01 earlier in today’s session, which comes less than 24 hours after trading at a low of $1,261.95.

Similar to bitcoin, today’s rally pushed ethereum to its highest point since mid-December, when the coin was above $1,350.As can be seen from the chart, an upwards crossover of moving averages has also occurred here, with the RSI gaining momentum as well.was trading upwards of $1,500. Should bullish sentiment remain throughout the week, ethereum will likely climb past the $1,400 level.Tags in this story

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