ETH/USD and ETH/BTC Technical Analysis July 18, 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis July 18, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 18

ETH/USD

Ethereum rallied on Monday, but struggled at the $180 level. I anticipate there is a lot of babble amid the $180 akin and the $200 level, so I am activity to delay until we breach aloft $200 afore I alpha to put any money to work. As for selling, it looks as if the $150 akin is starting to anatomy cogent support. Because of this, I am cat-and-mouse to see if we get a concise affairs opportunity.

ETH/BTC

Ethereum did about annihilation adjoin Bitcoin during the Monday affair as we abide to hover aloft the 0.08 level. A breach aloft the 0.09 akin would be acceptance that we are starting to bounce, but until again I am on the sidelines.

Thanks for watching, we’ll see you afresh tomorrow.