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 remains around $44000, and Ethereum slides to $2260

by
December 7, 2023
in Economy
0
Bitcoin remains around $44000, and Ethereum slides to $2260
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Bitcoin remains around $44000, and Ethereum slides to $2260

The price of Bitcoin was moving in a sideways channel in the $43400-$44300 range yesterday. The price of Ethereum yesterday was in retreat from $2300 to $2220 level.

Bitcoin chart analysis

The price of Bitcoin was moving in a sideways channel in the $43400-$44300 range yesterday. Today, we see a continuation of that movement and are currently in the middle of the channel. Since we are still holding high, we expect to see a continuation to the bullish side and a break above the $44400 level. After that, the door opens for us to continue growing to higher levels.

Potential higher targets are $44600 and $44800 levels. We need a negative consolidation and a drop to the $43400 support level for a bearish option. A pullback below leads to the formation of a new low and thus confirms the bearish presence on the chart. Potential lower targets are $43200 and $43000 levels.

Ethereum chart analysis

The price of Ethereum yesterday was in retreat from $2300 to $2220 level. Today, we see support at that level and the initiation of bullish consolidation and recovery up to the $2060 level. We could expect to see a continuation of this consolidation by the end of the day and get closer to the $2300 level again. If we manage to get closer, we will have the opportunity to make a breakthrough above and continue to the bullish side.

Potential higher targets are $2320 and $2340 levels. We need a negative consolidation and a new pullback to the previous support at the $2220 level for a bearish option. A drop in the price of Ethereum below this support would lead to the formation of a two-day low, thus jeopardizing a potential further recovery. Lower targets are $2200 and $2180 levels, additional support at the lower level is the EMA50 moving average.

The post Bitcoin remains around $44000, and Ethereum slides to $2260 appeared first on FinanceBrokerage.

Previous Post

Dogecoin retreats to 0.09600 and Shiba Inu to 0.00000960

Next Post

Solana is in retreat, while Cardano jumps to the 0.456 level

Next Post
Solana is in retreat, while Cardano jumps to the 0.456 level

Solana is in retreat, while Cardano jumps to the 0.456 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 Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

Top 5 Canadian Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

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 Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

Top 5 Canadian Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

August 24, 2025
Tech 5: Softbank to Invest US$2 Billion in Intel, Figure Seeks Nasdaq IPO

Tech 5: Softbank to Invest US$2 Billion in Intel, Figure Seeks Nasdaq IPO

August 24, 2025
OPINION — Goldenomics 104: Trump’s Tariffs and Gold

OPINION — Goldenomics 104: Trump’s Tariffs and Gold

August 23, 2025
Gold Price Rises as Powell Boosts Rate Cut Expectations in Jackson Hole Speech

Gold Price Rises as Powell Boosts Rate Cut Expectations in Jackson Hole Speech

August 23, 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 Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

Top 5 Canadian Mining Stocks This Week: StrategX Jumps 64 Percent on Fundraising

August 24, 2025
Tech 5: Softbank to Invest US$2 Billion in Intel, Figure Seeks Nasdaq IPO

Tech 5: Softbank to Invest US$2 Billion in Intel, Figure Seeks Nasdaq IPO

August 24, 2025
OPINION — Goldenomics 104: Trump’s Tariffs and Gold

OPINION — Goldenomics 104: Trump’s Tariffs and Gold

August 23, 2025
Gold Price Rises as Powell Boosts Rate Cut Expectations in Jackson Hole Speech

Gold Price Rises as Powell Boosts Rate Cut Expectations in Jackson Hole Speech

August 23, 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