Bitcoin was higher for a second consecutive session, whilst Ethereum also moved away from its 3-week low.
enters the $40,000 level will likely wait to see if the momentum of the last two days extends. If so, they could look to boost price strength even further.
We may now see some tentative action around the current level, until a clear break of this ceiling takes place.also moved higher, as the world’s second largest cryptocurrency rallied away from recent lows./USD is up close to 3%, after rising to an intraday high of $2,741.30, which is its highest level since Monday.
Price strength also climbed, with the 14-day RSI breaking beyond its own resistance point at 40, currently tracking at 43.35.Despite the climb, there is another ceiling close by, with the 44.42 level seen as a major hurdle, due to the level of bears which have lived there in the past. Markets now wait to see if history will repeat itself, or if we will have a breakout, and potentially head towards $3,000.