• Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
What's Hot

Hong Kong Emerges as Crypto Hub Amid Regulatory Changes in East Asia – Is China Pivoting?

October 4, 2023

Thailand Imposes Taxes on Overseas Earnings of Crypto Traders – Impact on Foreign Investment?

September 19, 2023

BNB.WIN

September 19, 2023
Facebook Twitter Instagram
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
CryptodailyNews24
  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
CryptodailyNews24
Home»Trading»Bitcoin (19k), Ethereum (1k), Matic Price Analyses
Trading

Bitcoin (19k), Ethereum (1k), Matic Price Analyses

Donald MunnBy Donald MunnJuly 2, 2022Updated:September 29, 2022No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin Analysis 

Bitcoin’s price managed to cling to the historical $20k level on Wednesday but bears again sent BTC’s price lower and the world’s premiere digital asset concluded the day -$160.4.  

The first chart we’re analyzing for Thursday is the BTC/USD 1W chart below by ali_1673. BTC’s price is trading between the 0.786 fibonacci level [$7,139.58] and 1 [$20,198.27], at the time of writing.

The next overhead resistance for bulls after the 1 fib level is 1.13 [$37,990.59], 1.272 [$75,746.67] and 1.414 [$151,025.76].

Conversely, bearish BTC market participants are looking for BTC’s price to next test 0.786 followed by 0.618 [$3,155.82] and 0.5 [$1,778.59].

Bitcoin Analysis BTC/USD 1W chart: the price is trading between the 0.786 fibonacci level [$7,139.58] and 1 [$20,198.27]The Fear and Greed Index is 11 Extreme Fear and is -2 from Wednesday’s  reading of 13 Extreme Fear.  

Fear and Greed The Fear and Greed Index is 11 Extreme Fear

Bitcoin’s Moving Averages: 5-Day [$20,648.89], 20-Day [$24,242.46], 50-Day [$29,716.25], 100-Day [$35,784.58], 200-Day [$43,413.17], Year to Date [$36,921.88].

BTC’s 24 hour price range is $19,844-$20,430 and its 7 day price range is $19,958-$21,637. Bitcoin’s 52 week price range is $17,611-$69,044. 

The price of Bitcoin on this date last year was $35,043.5. 

The average price of BTC for the last 30 days is $25,144.8 and its -30.7% over the same duration. 

Bitcoin’s price [-0.79%] closed its daily candle worth $20,106.6 and in red figures for a fourth day in a row. 

Ethereum Analysis 

Ether’s price finished lower as well on Wednesday and concluded its daily session -$44.48.  

The second chart we’re looking at for Thursday is the ETH/USD 4HR chart below by Hiddenharmonicstrading. Ether’s price is trading between 0.786 [$968.41] and 0.618 [$1,035.02], at the time of writing. 

The primary overhead target for bullish ETH market participants is 0.382 [$1,128.59] followed by a secondary target of 1 [$1,194.64].

Bearish traders have a primary aim of pushing ETH’s price back below 0.786 with 0.886 [$928.77] as a secondary target. The third target for bearish traders of ETH is 1 [$883.57].

Ethereum Analysis ETH/USD 4HR chart: the price is trading between 0.786 [$968.41] and 0.618 [$1,035.02]Ether’s Moving Averages: 5-Day [$1,165.75], 20-Day [$1,374.13], 50-Day [$1,954.82], 100-Day [$2,456.35], 200-Day [$3,009.10], Year to Date [$2,579.93].

ETH’s 24 hour price range is $1,087.42-$1,156.8 and its 7 day price range is $1,051.07-$1,265.94. Ether’s 52 week price range is $883.63-$4,878. 

The price of ETH on this date in 2021 was $2,274.99. 

The average price of ETH for the last 30 days is $1,442.94 and its -37.67% for the same time frame. 

Ether’s price [-3.89%] closed its daily candle on Wednesday worth $1,099.54 and ETH’s price has also concluded its last four daily sessions in negative figures. 

Matic Analysis

Matic’s price finished lower again on Wednesday and when traders settled up at close Matic was -$0.014 for the day. 

The MATIC/USD 1W chart below from micah_trader shows Matic’s price trading between 0 [$0.321] and 0.236 [$0.956], at the time of writing.

Bullish Matic traders are eying the 0.236 followed by 0.382 [$1.349] and 0.5 [$1.667].

For bearish traders, their first target is a full retracement to the $0.32 level. If that level is broken Matic market participants could yet be in for another steep decline in price.

Matic AnalysisMATIC/USD 1W chart: the price trading between 0 [$0.321] and 0.236 [$0.956]Polygon’s 24 hour price range is $0.485-$0.547 and its 7 day price range is $0.456-$0.621. Matic’s 52 week price range is $0.317-$2.92. 

Polygon’s price on this date last year was $1.16. 

The average price of MATIC over the last 30 days is $0.531 and its -14.34% for the same timespan. 

Matic’s price [-2.88%] closed its daily candle worth $0.497 and in red digits for a fifth straight day.

The post Bitcoin (19k), Ethereum (1k), Matic Price Analyses appeared first on cryptodailynews24.com.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Donald Munn
Donald Munn
  • Website

Related Posts

Bitcoin (20k), Ethereum (1.5k), Solana Price Analyses

September 1, 2022

Bitcoin (20k), Ethereum (1.5k), Algorand Price Analyses

September 1, 2022

Bitcoin (19k), Ethereum (1.4k), Binance Coin Price Analyses

September 1, 2022

Bitcoin (21k), Ethereum (1.6k), Chainlink Price Analyses

August 29, 2022
Add A Comment

Comments are closed.

Advertisement
Top Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

The latest news about Bitcoin, ICO, blockchain and fintech.

Top Insights

Hong Kong Emerges as Crypto Hub Amid Regulatory Changes in East Asia – Is China Pivoting?

October 4, 2023

Thailand Imposes Taxes on Overseas Earnings of Crypto Traders – Impact on Foreign Investment?

September 19, 2023

BNB.WIN

September 19, 2023
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

  • Home
  • Blockchain
  • Crypto
  • Defi
  • NFT
  • Trading
  • World News
  • Contact
  • About Us
© 2023 cryptodailynews24.com Submit news release

Type above and press Enter to search. Press Esc to cancel.