ETH/USD and ETH/BTC Technical Analysis August 23, 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis August 23, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook Aug 23

ETH/USD

Ethereum fell precipitously during the day on Tuesday, extensive appear the $284 akin underneath. We bounced abundant to breach aloft the $300 akin again, and it now looks acceptable that the buyers ability be absorbed in this market. However, it’s activity to be actual choppy, but overall, we are still in an uptrend alike with the massive selloff.

 

ETH/BTC

Ethereum fell adjoin Bitcoin, testing the 0.078 level, award abutment there. I anticipate that there is apparently alike added abutment at the 0.0750 akin underneath, and that looks acceptable to be area we acquisition cogent affairs pressure. Affairs on dips continues to assignment in this market, and that’s absolutely how I’m activity to access it.

Thanks for watching, all see you afresh tomorrow.