Bitcoin, Ethereum and Theta . Price Analysis

Bitcoin analysis

Bitcoin price has surged 18.17% over the past six days, and bulls spiked demand again on Monday as BTC price closed its daily comité +$558.4.

As usual, we start our price analyzes today with Bitcoin and today we genre at the BTC/USD 4HR chart below from FXCM. BTC price is trading between 0.786 Fibonacci level [$22,066.01] and Fibonacci level 1 [$23,017.36]at the time of writing.

The bullish BTC market participants gained momentum after retesting the $18,000 level just six days ago. Their targets above are the 1 Fibonacci level with a 100% retracement to the $25,000 level as a secondary target. This level is where bullish BTC participants ran out of demand during the last logis rally embout a month ago.

Unlike the bulls, there are bearish traders with bearish targets at 0.786, 50.00% [$21,864.58]and 0.00% [$18,532.96].

The Fear and Greed Glossaire is 34 Fear and +9 from yesterday’s reading of 25 Extreme Fear.

Fear and greed

Bitcoin Moving Averages: 5 days [$20,235.05]20 day [$20,999.31]50 days [$21,833.13]100 days [$25,151.65]200 days [$33,992.49]year to temps [$32,462.58].

The 24-hour price range for BTC is $21,538.5 – $22,488 and the 7-day price range is $18,650 – $22,488. Bitcoin’s 52-week price range is $17,611-$69,044.

The price of bitcoin at this temps last year was $44,945.

The average price of BTC for the last 30 days is $21363.8 and -7.5% over the same time frame.

Bitcoin price [+2.56%] Its daily candle of $22,395.3 closed in vert numbers for the sixth consecutive day on Monday.

Ethereum Analysis

Ether price fell again at the close of the comité compared to Monday’s open and closed on its daily chart – $50.56.

The auxiliaire foyer chart for today is the ETH/USD 4HR chart below by Danny C914. ETH price is trading between 1 Fibonacci level [$1,686.82] and 1.272 [$1,759.19]at the time of writing.

The general targets for bulls are the Fibonacci level of 1.272 followed by 1.382 [$1,788.46]1.618 [$1,851.26] Finally, Level 2 VIP [$1,952.90].

Conversely, the targets on the lower side of the 4HR chart for Ether are Fibonacci level 1, 0.618 [$1,585.18]0.382 [$1,522.38]and 0 [$1,420.74].

eth 4h

Ether moving averages: 5 days [$1,659.09]20 day [$1,659.86]50 days [$1,572.57]100 days [$1,706.00]200 days [$2,438.58]year to temps [$2,276.57].

The 24-hour price range for ETH is $1,693-$1,783 and the 7-day price range is $1,502.29-$1,783. 52-week Ether price range is $883.62 – $4,878.

The price of ETH on this temps in 2021 was $3,285.09.

The average price of ETH for the last 30 days is $1,679.25 and -8.24% over the same period.

Ether price [-2.86%] On Monday, its daily candle closed at $1716.43 with red numbers for the auxiliaire day in a row.

theta analysis

Theta price broke the two-day selling pressure of bearish traders on Monday and closed its daily +0.007 candle.

The last chart we are looking at today is the THETA/USD 4HR chart below from Verulyanov. Theta price has not responded favorably over the past 45-60 days like much of the altcoin market.

We can see that theta price is rising against 0.236 and has not been able to breach this level yet with the acceptation of the candle closing. If bullish theta traders can voiture 0.236, they will shift their foyer to 0.382 [$1.30]0.5 [$1.37]0.618 [$1.45]0.786 [$1.56]and 1 [$1.70].

Bears are looking to maintain the streak and continue to deny bullish ones a voiture above the 0.236 Fibonacci level. If they succeed in stopping the rise of Theta, their target is to reach a full retracement at 0.00%. [$1.05] becoming increasingly likely.

Theta 4 h

Theta Moving Averages: 5 days [$1.13]20 day [$1.21]50 days [$1.28]100 days [$1.39]200 days [$144.82]year to temps [$112.04].

theta The 24-hour price range is $1.15 – $1.22, and the 7-day price range is $1.07 – $1.22. The 52-week price range for theta is between $0.96 and $8.56.

Theta price on this temps last year was $6.13.

The average price of THETA over the past 30 days is $1.24 and 27.04% over the same period.

theta price [+0.59%] The daily candle closed at $1.187 on Monday.

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