ETH/USD and ETH/BTC Technical Analysis September 27th 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis September 27th 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market OutlookSeptember 27

ETH/USD

Ethereum initially biconcave on Tuesday, but begin abundant abutment abreast the $288 akin to about-face about and appearance signs of support. That actuality the case, looks acceptable that we will abide to see buyers appear in to the bazaar based aloft amount on these pullbacks. I like affairs pullbacks as an befalling to booty advantage of what will about absolutely be value. Ultimately, I accept that Ethereum will abide to ability appear the $300 level, and if we can breach aloft that level, is actual acceptable that we will abide to go abundant higher.

ETH/BTC

Ethereum continues to abatement adjoin the Bitcoin crypto currency, but I anticipate there is abutment aloof below. Quite frankly, I like Bitcoin bigger than Ethereum for value, so although I wouldn’t necessarily advertise this market, I don’t necessarily appetite to buy it either. It’s apparently best to sit on the sidelines back it comes to the ETH/BTC market.

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