BTC Attempts to Hold Support

Written By Guest User
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BTC is currently testing a shorter term support set over the last couple of days. The MFI is attempting to hold on the 2 hour chart while the MACD’s momentum is starting to swing upwards. Volume has decreased slightly so it will be interesting to see how price action reacts to the decrease in volume into the downtrend.

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Ethereum is consolidating after testing a new all time high. It found support above $4,660 and is attempting to hold above that. With the MFI nearing oversold territory and the MACD’s momentum swinging upwards, we may see ETH move soon.

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