Advertisement
AD

Main navigation

BTC, ETH and ETC Price Analysis for September 29

Advertisement
Thu, 29/09/2022 - 13:18
BTC, ETH and ETC Price Analysis for September 29
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Bulls keep controlling the situation on the market as all of the top 10 coins are in the green zone.

Advertisement

Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 2% since yesterday.

BTC/USD chart by TradingView

From the technical point of view, Bitcoin (BTC) keeps trading sideways as none of the sides has accumulated enough energy to seize the initiative. Currently, one needs to pay close attention to the psychological mark of $20,000.

Related

If the rate gets there, traders can expect a sharp move, followed by the breakout of the resistance level at $20,415.

Bitcoin is trading at $19,372 at press time.

ETH/USD

Ethereum (ETH) has outperformed Bitcoin (BTC) with growth of 2.52% over the last 24 hours.

ETH/USD chart by TradingView

Despite the rise, Ethereum (ETH) is trading similar to Bitcoin (BTC), as the main altcoin keeps gathering strength. The falling volume also confirms that statement. The further upward move might be possible only when ETH reached the $1,400 zone. Until that happens, bears remain more powerful than bulls.

Ethereum is trading at $1,326 at press time.

ETC/USD

Ethereum Classic (ETC) has followed the rise of other coins, going up by 1.16%.

ETC/USD chart by TradingView

Ethereum Classic (ETC) is looking bearish on the daily chart as the price is coming back to the recently formed support level at $27. In addition, the volume is decreasing, which means that no one is willing to buy the altcoin at the current prices. All in all, closure near $27 may generate a fast drop to the $25-$24 area within the next few days.

Ethereum Classic is trading at $27.43 at press time.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD