Bitcoin, Ethereum Technical Analysis: BTC on Brink of ‘Death Cross’ on Moving Average Trendline – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC on Brink of ‘Death Cross’ on Moving Average Trendline – Market Updates Bitcoin News
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BTC close to 'death cross' of moving averages to start the week.

Following a high of $1,888.19 on Sunday,As a result of this move, ethereum fell close to its long-term price floor at $1,830, however bulls have so far rejected a breakout.One of the reasons that a break has yet to occur seems to be due to the RSI, which continues to trend above support at 44.00

Price strength is now tracking at 45.58, with a ceiling at 52.00 a potential target for bulls hopeful of recapturing the $1,900 mark.Tags in this story

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