BTC and ETH Price Prediction for February 22

Please fol­low and like us:
Pin Share

BTC and ETH Price Prediction for February 22
Cov­er image via www.tradingview.com

Dis­claimer: The opin­ions expressed by our writ­ers are their own and do not rep­re­sent the views of U.Today. The finan­cial and mar­ket infor­ma­tion pro­vid­ed on U.Today is intend­ed for infor­ma­tion­al pur­pos­es only. U.Today is not liable for any finan­cial loss­es incurred while trad­ing cryp­tocur­ren­cies. Con­duct your own research by con­tact­ing finan­cial experts before mak­ing any invest­ment deci­sions. We believe that all con­tent is accu­rate as of the date of pub­li­ca­tion, but cer­tain offers men­tioned may no longer be available.

The cor­rec­tion con­tin­ues on the cryp­tocur­ren­cy mar­ket, how­ev­er, there are some excep­tions to the rule.

Top coins by CoinMarketCap

BTC/USD

The price of Bit­coin (BTC) has declined by 0.07% over the last 24 hours.

Image by Trad­ingView

On the dai­ly chart, the rate of BTC is com­ing back to the recent­ly formed sup­port lev­el of $50,647. If buy­ers can­not seize the ini­tia­tive by the end of the day, the accu­mu­lat­ed ener­gy might be enough for a break­out, fol­lowed by a move to the vital $50,000 zone.

Bit­coin is trad­ing at $51,177 at press time.

ETH/USD

Unlike BTC, the rate of Ethereum (ETH) has increased by 1.27% since yesterday.

Image by Trad­ingView

From the tech­ni­cal point of view, the price of the lead­ing alt­coin is trad­ing side­ways, as nei­ther bulls nor bears have seized the ini­tia­tive yet. How­ev­er, if the rate gets to the $2,900 zone, there is a chance to see a test of the $2,800-$2,850 area shortly.

Ethereum is trad­ing at $2,942 at press time.

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *