BTC nears $17,000 on Saturday, with ETH approaching $1,300.
Following a low of $1,240.95,Today’s move comes as an upwards crossover of moving averages has recently occurred, with the 10-day trend line moving higher versus the 25-day line.Typically such a move is a sign of current and future bullish momentum, and this could likely tempt more bulls to re-enter the market.
The next target will undoubtedly be the aforementioned $1,300 ceiling, which will likely be hit once the RSI climbs past its current ceiling at 59.00.Tags in this story
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