• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Bitcoin and Ethereum: Bitcoin increasingly safe above

by September 27, 2024
written by September 27, 2024

Bitcoin and Ethereum: Bitcoin increasingly safe above $65000

Last night, Bitcoin’s price climbed to a new weekly high at the $65851 level
The price of Ethereum is increasingly stable above the $2650 level

Bitcoin chart analysis

Last night, Bitcoin’s price climbed to a new weekly high at the $65851 level. Soon after, we saw a pullback to support at the $64800 level. The price formed a new bottom and started a bullish consolidation, returning again above the $65000 level. We are now at $65450, and everything indicates that we will continue on the bullish side. Potential higher targets are the $65750 and $66000 levels.

For a bearish option, we need a negative consolidation and pullback below the daily open level of $65175. Below that, Bitcoin is moving into negative territory, and there is increasing pressure on the price to look for a new low. We need a break below $65000 to strengthen the bearish momentum to continue to the bearish side. Potential lower targets are the $64750 and $64500 levels. Additional price support in the $64500 zone is the EMA 50 moving average.

 

Ethereum chart analysis

The price of Ethereum is increasingly stable above the $2650 level. The EMA 50 moving average supports us, and we hope that it will help us continue to grow to new niche levels. With a jump above $2680, we would have good momentum to attack the weekly high at $2700. This time, we are looking for a break and the formation of a new weekly high.

Potential higher targets are the $2720 and $2740 levels. For a bearish option, we need Ethereum to pull back below the $2620 level. With that step, we move below the daily open level and the EMA 50 moving average. We will also see the formation of a new daily low, confirming the growth of bearish momentum. Potential lower targets are the $2600 and $2580 levels.

 

The post Bitcoin and Ethereum: Bitcoin increasingly safe above appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Gold and Silver: Gold price retreats on Friday below $
next post
Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says

related articles

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Dem senators rip GOP’s ‘Silence of the Lambs’ as Trump marks 100th day

    April 29, 2025
  • Warren Buffett’s Berkshire Hathaway sold nearly half its stake in Apple

    August 5, 2024
  • Cracker Barrel CEO serves up leftover corporate branding to unhappy customers

    August 23, 2025
  • Dogecoin and Shiba Inu: Dogecoin under pressure at EMA 200 

    August 13, 2024
  • Kremlin suggests another US-Russia prisoner swap could be coming: report

    February 20, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Lawmakers take action after report shows Biden-era SBA failed to probe 2 million alleged COVID aid fraudsters

    April 2, 2025
  • Dems likely to ‘waste millions’ on deluge of lawsuits but could cost Trump precious time: expert

    February 14, 2025
  • RFK Jr rips Dem senator for pushing ‘dishonest’ narrative on past vaccine comments: ‘Corrected it many times’

    January 29, 2025

Recent Posts

  • Trump gathers CEOs for unprecedented faith, economy meeting to renew US ‘spiritually and financially’

    July 14, 2025
  • Alibaba leads Chinese tech rally with DeepSeek rival launch: What investors need to know

    March 6, 2025
  • HomeStreet Bank sells $990M in loans to BofA in strategic profit push

    December 27, 2024

Editor’s Pick

  • ApeCoin and Akita Inu: Daily Overview of Prices and Targets

    October 3, 2024
  • Federal judge blocks Trump administration from defunding some Planned Parenthood facilities

    July 22, 2025
  • Lindsey Graham to push ‘bone-breaking sanctions and tariffs’ to pressure Russia into peace with Ukraine

    March 12, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock