Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend – Market Updates Bitcoin News
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Bitcoin, ETH prices have mostly consolidated in recent days as prices have fallen below $30,000. ETH was once again trading close to support at $1,750 on Friday, as prices fell for a fourth consecutive session. The 14-day RSI has still yet to break its floor of 45, meaning bulls are still hovering around waiting for an ideal time to re-enter the market. The 10-day moving average is now downward facing, with a potential for a downward cross, however should a bullish wave begin, we might see sentiment change. Bitcoin is still nearly 1% higher than at the same point last week, when prices were trading under $29,000. Source