ETH/USD and ETH/BTC Technical Analysis July 19, 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis July 19, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 19

ETH/USD

The Ethereum bazaar initially fell during the day adjoin the US dollar on Tuesday but begin abundant abutment at the $180 akin to about-face about and anatomy a hammer. A breach aloft the $200 akin would be a bullish sign, and should abide to accompany added buyers into the marketplace.

ETH/BTC

The Ethereum bazaar fell hardly adjoin Bitcoin, as we abide to see alongside momentum. The 0.08 akin beneath should be supportive, and that actuality the case, I anticipate that the bazaar will eventually acquisition the buyers to get into the market. If we can breach aloft the 0.10 level, it becomes a longer-term buy signal. In the meantime, it looks as if we are activity to abide the accession phase.

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