Bitcoin (22k), Ethereum (1.6k), Apecoin price analysis

Bitcoin Analysis Bitcoin Analysis

Bitcoin closed below Wednesday’s open again, with BTC closing at $170.1.

The first chart we looked at this Thursday was the BTC/USD perpetual swap 4HR chart from zippy1day. The price of BTC is trading around the 0 Fibonacci level [$23,459.5] Most of Wednesday’s trading session.

The chart below assumes that the price of BTC is forming a head and shoulders pattern on the 4-hour time frame.The first target on the downside is [$22,374.] followed by 1 [$21,384.5] and 1.618 [$2,102.].

Bitcoin Analysis BTC/USD Perpetual Swap 4HR Chart

The Fear and Greed Index is at 30 Fear, compared to yesterday’s reading, Wednesday’s reading of -4 was 34.

fear and greed Fear and Greed Index is 30 Fear

Bitcoin’s moving average: 5 days [$23,462.45]20 days [$22,081.46]50 days [$23,523.97]100 days [$31,048.6]200 days [$39,333.66]year to date [$34,421.82].

BTC’s 24-hour price range is $22,680-23,634, and its 7-day price range is $22,680-24,581. Bitcoin’s 52-week price range is $17,611 to $69,044.

The price of Bitcoin on this date last year was $39,754.

The average price of BTC over the past 30 days is $21,827.1, up 21.7% over the same period.

price of bitcoin [-0.74%] It closed Wednesday at $22,813.9, the sixth straight day of red numbers.

Ethereum Analysis

The price of ether was also lower on Wednesday and ended the day at $13.4.

The second chart we provide analysis for this Thursday is the ETH/USD 1D chart below Stoic-Trader. The price of ETH is trading between 1.236 [$1,499.9] and 1.618 [$1,652.77]at the time of writing.

Ethereum’s overhead target is 1.618, followed by 1.75 [$1,705.6]and 2 [$1,805.65].

Bearish ETH traders have drawn a line at the $1,800 level, which bullish ETH market participants have yet to recapture with a candle close confirmation on the important timescale.

The target for shorting the ether market is 1.236, 1 [$1,405.45]and 0.618 [$1,252.57].

Ethereum Analysis ETH/USD 1D chart: Price is trading between 1.236 [$1,499.9] and 1.618 [$1,652.77]Ethereum’s moving average: 5 days [$1,684.42]20 days [$1,439.18]50 days [$1,420.85]100 days [$2,108.91]200 days [$2,820.81]year to date [$2,382.55].

ETH’s 24-hour price range is $1,589.71-$1,685.03 and its 7-day price range is $1,574.01-$1,759.5. Ether’s 52-week price range is $883.62 to $4,878.

The price of ETH on this day in 2021 is $2,725.33.

The average price of ETH over the past 30 days is $1,403.84, up 54.92% over the same period.

price of ether [-0.82%] It closed Wednesday at $1,618.04 and was in negative territory for the fifth time in the past six days.

Ape Coin Analysis

The price of Apecoin was the best performer on Wednesday and ended its daily trading session up $0.51.

The last chart we saw today is the APE/USD 1D chart below from LA_Designer. The price of APE is in an ascending channel and has been doing so for about a month.

Of course, if APE breaks up, the target will return to double digits, with the $13-14 range being the main target for bullish traders.

Conversely, if the bulls fail to break out of the current ascending channel, the bears will once again retest the lows of the current structure.If the trend line is broken, the low of this bear market cycle [$3.07] Probably broken.

Ape Coin AnalysisAPE/USD 1D chart

Over the past 30 days, Apecoin has gained 45.43% against the USD, 28.56% against BTC and 3.09% against ETH.

Ape’s 24-hour price range is $6.56-$7.8, and its 7-day price range is $6.25-$7.8. Apecoin’s 52-week price range is $3.07-$27.14.

The average price of APE over the past 30 days is $5.66, up 61.72% over the same period.

Ape coin price [+7.6%] It closed Wednesday at $7.15, closing in green for the fourth time in the past five days.

The post Bitcoin (22k), Ethereum (1.6k), Apecoin Price Analysis appeared first on The Cryptonomist.

Source of information: Compiled from CRYPTONOMIST by 0x Information.The copyright belongs to the author RL Bryer, and may not be reproduced without permission

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