ETH/USD and ETH/BTC Technical Analysis July 14, 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis July 14, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 14

ETH/USD

Ethereum pulled aback during the day on Thursday, as we activated the $200 level. I ahead there is affluence of abutment aloof beneath though, so accustomed abundant time I ahead that this bazaar will assemblage and try to go higher. If we breach bottomward beneath the $160 level, we would abide the move lower alike added stringently, but in the meantime, it looks as if we are aggravating to anatomy some blazon of bottom.

ETH/BTC

Ethereum fell hardly during the day on Thursday as well, and it looks as if we are activity to go aback appear the 0.08 akin to attending for added support. Either way, I anticipate we’re aggravating to anatomy a bit of a bottle, and I accept that Ethereum will abide to assemblage adjoin Bitcoin. We could be volatile, but it looks as if we are aggravating to anatomy abundant abutment to abide the longer-term uptrend.

Thanks for watching, all see you afresh tomorrow.