• 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

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

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

  • Brian Niccol Replaces CEO at Starbucks After Sales Dip

    August 14, 2024
  • Tesla Semi fire in California took 50,000 gallons of water to extinguish

    September 14, 2024
  • ‘It’s a mess’: Vulnerable House Dem shreds Biden on border crisis in ‘closing message’ of campaign

    October 22, 2024
  • Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

    August 29, 2024
  • Trump-backed bill to stop ‘rogue’ judges passes House

    April 10, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,432)
  • Investing (593)
  • Stock (735)

Latest Posts

  • Biden’s ‘big boy’ NATO news conference carries high stakes as first presser since disastrous debate

    July 11, 2024
  • Hims Stock Soared 8.87% Last Week: Should You Invest?

    July 31, 2024
  • How to invest in cybersecurity: The case for ETFs amid CrowdStrike’s turmoil

    July 25, 2024

Recent Posts

  • Some House Republicans privately furious at Musk, Ramaswamy after government shutdown talks implode

    December 19, 2024
  • Harris-Trump showdown: Presidential race rocked by 2nd assassination attempt with 50 days until election

    September 16, 2024
  • GOPers press for the release of JFK, Epstein files: Here’s why they’re not released yet

    February 26, 2025

Editor’s Pick

  • ACLX Stock – Get All The Latest Information About It

    September 19, 2024
  • Biden continues vacation for second straight week despite saying he will ‘work like hell’ until end of term

    August 29, 2024
  • Top Senate Dems pour cold water on latest GOP spending bill plans: ‘Ready to stay’ through Christmas

    December 20, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

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