Bitcoin, Ethereum Technical Analysis: BTC Nears $29,000 to Start April, as ETH Also Rebounds – Markets and Prices Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Nears $29,000 to Start April, as ETH Also Rebounds – Markets and Prices Bitcoin News
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BTC closes in on $29,000 to start the weekend

Following a low of $1,789.76 on Friday,As a result of the move, the world’s second largest cryptocurrency jumped over a ceiling at the $1,825 zone.From the chart, this seemingly coincided with the RSI breaking free of a resistance of its own at 59.00.

At the time of writing, price strength is now at the 60.15 mark, with the next visible ceiling around the 62.00 region. Should the RSI move closer to this point, ethereum bulls will send prices towards a long-term target of $1,900.Tags in this story

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