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Bitcoin (BTC) could experience lower price cuts since yesterday exceeded $ 7500 yesterday, cited technical charts. The cryptovalue of head rose to $ 7,562 at Bitfinex yesterday and was traded with $ 7,400 which increased by almost 10% on a basis of 24 hours. The recovery in prices influenced the growth of the week up to 15% . On Tuesday, BTC broke the resistance line of $ 6.838 with a confirmation of a short-term trend of declining growth. Thus, the recovery of $ 7,900 could be seen on the cards. However, this change should not take place in the next 24 hours since the withdrawal of $ 7,562 to $ 7,370 indicates that investors are interested in generating profits that BTC pushed to more than 1 $ 300 in the last 72 hours. In addition, the technical analysis of the chart also accounts for excessive buying conditions during the day, which means that price withdrawals may occur in the near future before the recovery continues. In addition, investors who have missed the initial upward movement would have the chance to board the BTC train at any price drop. A small correction, if it occurs, could lead to a revival of a sustained maintenance engine at $ 7,900 – $ 8,000 Coindesk writes. The value of bitcoin broken at the opening was 6,347.4 [19659003] dollars, while the opening value of yesterday was 7,426.89 [19659003] dollars. The opening value of the day is $ 7,420.2 [196500004].
Yesterday afternoon, there was a brutal step forward at ETH. The consolidated currency near $ 480 before exceeded the key resistance at $ 495 and $ 500 Looking at the two-level chart of the ETH / USD, the pair has recently formulated a solid form of growth around the resistance of $ 480 and has begun a significant step forward. Cracked many lines of resistance like $ 495, $ 500, and $ 505 . The new monthly maximum was $ 515.09 before the Ether upgrade. It was compromised below the $ 500 support area and short-term support with $ 502 support . In addition, the price of Ether was adjusted below 23.6% of the Fibonacci withdrawal level of the last wave from $ 466.08 to $ 515.09. The current action indicates that Ether could be corrected for the $ 480 key support and trend of the growth trend on the same chart. At a 30-minute ETH / USD chart, one pair appears to be struggling near the previous support (now resistance) at $ 500 . Therefore, could be able to adjust the price to $ 490 or $ 480 in the near future. Overall, the ether is in a downward trend, and the decline in the current level remains sustained. Closing above $ 500, and after crossing $ 510, he could cost $ 530-550 Ethnews writes. The value of the ethereum at the opening of the cloud was 450.20 dollars, and yesterday the opening coin was $ 502.35. USD
