RATE Group | Bitcoin, Ethereum & Cardano – European Wrap – 28 January
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Bitcoin, Ethereum & Cardano – European Wrap – 28 January

28 Jan Bitcoin, Ethereum & Cardano – European Wrap – 28 January

Posted at 12:57h in Ethereum News by

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Bitcoin has been mostly in the green on Monday following a few days of posting a winning streak. The move above $9,000 revived the hopes of seeing Bitcoin trade towards the psychological $10,000 level. However, for now, BTC/USD is holding on to the subtle 0.77% gains on Monday. Unfortunately, there has been a shallow retracement with Bitcoin returning into the $8,000 range.

Bitcoin confluence levels

Initially, Bitcoin’s upside is limited at $9,010 as highlighted by the previous low 1-hour, previous high one-day, pivot point one-week resistance one, SMA 50 15-minutes and the previous high 15-mins. The journey towards $9,200 will face more hurdles at $9,196 and a zone where the Bollinger Band one-day upper curve, the pivot point one-month resistance three, previous week high and the Bollinger Band one-hour upper curve.

fxsoriginal

Ethereum (ETH) has been gaining ground for three days in a row. The coin hit an intraday high at $173.58, but retreated to $172.16 by…

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