Revenue Agenda
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Revenue Agenda
No Result
View All Result
Home Economy

Bitcoin and Ethereum: Bitcoin jumps above the $26400 level

by
September 8, 2023
in Economy
0
Bitcoin and Ethereum: Bitcoin jumps above the $26400 level
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Bitcoin and Ethereum: Bitcoin jumps above the $26400 level

Bitcoin price managed to initiate a more concrete bullish consolidation yesterday. The price of Ethereum started the day with a jump to the $1657 level.

Bitcoin chart analysis

Bitcoin price managed to initiate a more concrete bullish consolidation yesterday. First, we saw a break above $26000 and the EMA50 moving average. Then, another bullish impulse and the price jumps to the $26430 level. We encounter resistance and see a pullback looking for support at the $26,200 level. We need to support ourselves above if we want to initiate further recovery. Potential higher targets are $26500 and $26600 levels.

We need a negative consolidation and a break below the $26200 level for a bearish option. After that, we can expect to see a pullback to support at the $26000 level. There, we would retest the EMA50 moving average. A new breakout below would once again return us to the previous consolidation zone. Potential lower targets are $25800 and $25600 levels.

Ethereum chart analysis

The price of Ethereum started the day with a jump to the $1657 level. This was followed by a pullback to support at the $1645 level. The EMA50 moving average provides additional support, and based on that, we could expect to see a new bullish consolidation and a return to the zone around the $1660 level. Potential higher targets are $1670 and $1680 levels.

We need a negative consolidation and pullback below the $1640 support level for a bearish option. After that, we could expect to see a decline to the $1630 level, and thus, we would return to the previous movement zone. Potential lower targets are $1620 and $1610 levels.

The post Bitcoin and Ethereum: Bitcoin jumps above the $26400 level appeared first on FinanceBrokerage.

Previous Post

Apple’s Game-Changing Deal with Arm: Micro Chips Revolution

Next Post

The dollar index continues to grow above the 105.00 level

Next Post
The dollar index continues to grow above the 105.00 level

The dollar index continues to grow above the 105.00 level

  • Trending
  • Comments
  • Latest
Top 10 Potash Countries by Production (Updated 2024)

Top 10 Potash Countries by Production (Updated 2024)

August 21, 2024
Top 10 Phosphate Countries by Production (Updated 2024)

Top 10 Phosphate Countries by Production (Updated 2024)

August 1, 2024
Top 10 Uranium-producing Countries (Updated 2024)

Top 10 Uranium-producing Countries (Updated 2024)

November 6, 2024
7 Biggest Lithium-mining Companies in 2024

7 Biggest Lithium-mining Companies in 2024

September 18, 2024
Top 5 Canadian Cobalt Stocks of 2025

Top 5 Canadian Cobalt Stocks of 2025

0
New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

0

Pennsylvania House clears tax credits for new teachers, nurses, police officers

0
Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

0
Top 5 Canadian Cobalt Stocks of 2025

Top 5 Canadian Cobalt Stocks of 2025

August 19, 2025
Allied Critical Metals Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement Upsized to $5.1 Million

Allied Critical Metals Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement Upsized to $5.1 Million

August 19, 2025
Pre-Feasibility Study Launched for 10,000pta WA Facility

Pre-Feasibility Study Launched for 10,000pta WA Facility

August 19, 2025
Kobo Resources: Unlocking West Africa’s Untapped Gold Potential

Kobo Resources: Unlocking West Africa’s Untapped Gold Potential

August 19, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent News

Top 5 Canadian Cobalt Stocks of 2025

Top 5 Canadian Cobalt Stocks of 2025

August 19, 2025
Allied Critical Metals Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement Upsized to $5.1 Million

Allied Critical Metals Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement Upsized to $5.1 Million

August 19, 2025
Pre-Feasibility Study Launched for 10,000pta WA Facility

Pre-Feasibility Study Launched for 10,000pta WA Facility

August 19, 2025
Kobo Resources: Unlocking West Africa’s Untapped Gold Potential

Kobo Resources: Unlocking West Africa’s Untapped Gold Potential

August 19, 2025
  • About us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 revenueagenda.com | All Rights Reserved

No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy

Copyright © 2025 revenueagenda.com | All Rights Reserved