ETH/USD and ETH/BTC Technical Analysis September 18 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis September 18 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market OutlookSeptember 18

ETH/USD

Ethereum fell initially during the affair on Friday, but begin abundant abutment abreast the psychologically important $200 akin to animation significantly. If we can bright the $250 level, I anticipate that the bazaar at that point will go attractive appear the $270 akin above, which has been a allurement for price. Ultimately though, it looks as if the crypto currencies are aggravating to anatomy a bit of a bottom, and Ethereum won’t be any different.

ETH/BTC

Ethereum additionally had a actual airy affair adjoin Bitcoin, but at this point I still accept that Bitcoin is activity to be the stronger the two currencies. We had an originally aggravating to ability appear the 0.071 level, and again fell to the 0.067 handle. While we could assemblage from here, I still accept based aloft my assay that Bitcoin will beat and accordingly it makes added faculty to buy the BTC/USD brace than this one.

Thanks for watching, be aback tomorrow.