📈📉 #BTC Price Analysis #Eth Price Analysis📈📉

➡️#BTC The bulls are struggling to sustain Bitcoin above the 20-day EMA ($62,671), indicating that the bears are maintaining the pressure.

The flattish 20-day EMA and the RSI near the midpoint suggest the range-bound action may extend for a few more days. If buyers maintain the price above the 20-day EMA, the BTC/USDT pair could rise to the 50-day SMA ($65,426). This level may act as a stiff resistance, but if the bulls surpass it, the pair may climb to $73,777.

Contrary to this assumption, if the price turns down from the 50-day SMA, it will indicate that bears are active at higher levels. The pair may then slump to the critical support zone between $59,600 and $56,500.

➡️ #ETH Ether ETH tickers down $2,913 continues to trade inside the descending channel pattern, indicating that the bears are in control. The price is attempting to bounce off $2,850, an important level for the bulls to defend. If this level breaks down, the ETH/USDT pair could start the next leg of the downtrend to the channel’s support line.

Time is running out for the bulls. If they want to make a comeback, they will have to start a recovery and drive the price above the resistance line. The pair may then rise to $3,357 and later to $3,730.

Advice: Crypto is a fluctuating (non stable) market this is just a suggestion, you should do your own research before taking further steps.