Bitcoin (BTCUSD) price resumes the bullish trend
Bitcoin (BTCUSD) price continued to rise to break the $100,000.00 level and stabilize above it, confirming the recovery of the bullish trend after the sharp decline it witnessed yesterday, on its way to achieving positive targets starting at $105,000.00 and extending to $108,350.00.
The current negativity of the Stochastic indicator may cause some temporary sideways fluctuations before resuming the expected rise, noting that failure to consolidate above $100,000.00 may force the price to incur new losses and test the pivotal support $95,195.00 before any new attempt to rise.
Expected trading range for today is between $98000.00 support and $105000.00 resistance
Today’s price forecast: High
Ethereum (ETHUSD) price builds a support base
Ethereum (ETHUSD) price managed to break through the $2764.75 level and stabilize above it, reinforcing expectations of continuing the upward trend during the upcoming sessions, on its way to visiting the $3017.30 level as a next target, noting that breaking this level will push the price towards $3222.00 as a next positive station.
Stability above $2764.75 is important for the expected rise to continue, as breaking it will put the price under new negative pressure to head towards testing the $2356.50 areas in the near term.
Expected trading range for today is between the $2650.00 support and the $2970.00 resistance
Today’s price forecast: High
