- Bitcoin “Worry and Greed” has moved from Impartial to Worry, exhibiting that buyers are panicking post-halving.
- ETH/BTC bulls are in management for the second straight day.
Bitcoin Worry and Greed Index
Different.me’s Bitcoin worry and greed index has dropped from the “Impartial” to the “Worry” territory at 40. It seems like there’s a little bit of a panic among the many buyers post-halving.
ETH/BTC each day chart
ETH/BTC bulls retained management for the second straight day because it went up from zero.021692 to zero.021715. This Monday, the bulls managed to take again ETH/BTC above the SMA 200. The MACD reveals lowering bearish momentum, whereas the RSI is trending on the fringe of the oversold zone.
The bulls might want to conquer resistance at zero.02202 and zero.02252. On the draw back, they might want to defend help ranges at zero.0213 and zero.0207
BTC/USD each day chart
BTC/USD went up from $eight,672.65 to $eight,591.58 as patrons attempt to take management post-halving. The value is trending above the crimson Ichimoku cloud. The Elliott Oscillator has had two crimson periods in a row, whereas the MACD reveals a reversal of bullish momentum. Each these indicators trace that the general market sentiment is bearish.
On the draw back, the patrons should defend the $eight,390 and $eight,125 help ranges. On the upside, there are two sturdy resistance ranges at $eight,829.50 and $9,181.45.
ETH/USD each day chart
ETH/USD went up from $185.82 to $186.42 because the patrons took management after 4 consecutive bearish days. The value is trending above the SMA 200 and SMA 50 curves, that are on the verge of crossing over to type the golden cross sample.
The 20-day Bollinger jaw is narrowing, which reveals lowering worth volatility. The William’s %R remains to be trending contained in the oversold zone, indicating that the asset is undervalued and can go up extra.
Bulls should intention for resistance ranges at $196.70 and $207 to vary market sentiment from bearish to bullish. On the draw back, wholesome help lies at $180.20 and $173.15.
XRP/USD each day chart
XRP/USD bears stayed in management for the fourth straight day as the value went down from $zero.1926 to $zero.1917 within the early hours of Tuesday. The patrons face speedy resistance on the SMA 50 curve. The MACD reveals rising bearish momentum.
The bears can be aiming for the help ranges at $zero.1883 and $zero.1812. On the upside, there are two sturdy resistance ranges to be conquered at $zero.1987 and $zero.2115.