Bitcoin Analysis
Bitcoin price rose again on Sunday by 1.04% and reached +$175.4 for the daily trading session.
We lead a new week of cryptocurrency price analysis with BTC/USD 1D chart. wavesurferXBT. At the time of writing, BTC price is trading between the 0.236 Fibonacci level [$16,907.04] and the 0.382 fib level [$17,778.07].
If BTC price can hold the 0.236 fib level and retake the $17k level again, there is a secondary 0.382 fib target. [$17,778.07]. Targets on BTC above this level are 0.5 [$18,482.04]0.618 [$19,186.02] and 0.786 [$20,188.30].
Bearish BTC traders have another objective, but they aim to send the price of BTC below the 0.236 fib level with a full pullback target on the BITSTAMP 0 chart. [$15,499.09].
A Fear and Greed Index of 25 is extreme fear and equals Sunday’s reading.
Bitcoin Moving Averages: 5 Days [$16,799.82]20-Day [$16,917.56]50-Day [$17,344.80]100 days [$18,612.69]200-Day [$23,702.69]Year to date [$16,799.82].
BTC has a 24-hour price range of $16,911-$17,186, and a 7-day price range of $16,619-$17,186. Bitcoin’s 52-week price range is $15,505-$48,162.9.
On this date last year, the price of bitcoin was $41,841.9.
The average price of BTC in the last 30 days is $16,896.3 and -0.9% in the same period.
The price of Bitcoin [+1.04%] On Sunday, the daily candle closed at $17,119.1, and BTC has completed six of the last eight days with positive numbers.
Ethereum Analysis
On Sunday, the price of Ether followed the macro cryptocurrency market capitalization and ETH was +$24.35 as traders settled.
ETH/USD 1W chart below cryptocurrency chain This is the next chart we look at for Monday. The price of ETH is trading between the 0.236 Fibonacci level [$1,217.99] and the 0.382 fib level [$1,971.09].
Ground targets on ether are 0.382, 0.5 [$2,579.76]0.618 [$3,188.43]0.786 [$4,055.02]and 1 fib level [$5,158.88].
On the contrary, those who still expect further decline in Ether have targets of 0.236, 0.146. [$753.75]and 0.09.02 fib level.
Ether’s Moving Averages: 5 Days [$1,240.28]20-Day [$1,232.84]50-Day [$1,276.58]100 days [$1,365.35]200-Day [$1,664.78]Year to date [$1,240.28].
ETH has a 24-hour price range of $1,257.33-$1,296 and a 7-day price range of $1,257.33-$1,296. Ether’s 52-week price range is $883.62-$3579.96.
the price of ETH On this date in 2022, it was $3,150.42.
The average price of ETH in the last 30 days is $1,231.67 and -0.53% for the same stretch.
The price of Ether [+1.93%] It closed Sunday’s daily session in the green at $1,288.25, the sixth time in the last eight daily trading sessions.
Near Protocol Analysis
The price of Near Protocol ended Sunday’s daily candle above the $1.6 level for the first time since December 14, 2022. NEAR also gained more than 29% last week and ended Sunday’s daily session at +$0.08.
We conclude our price analysis for this Monday with the NEAR/USD 3D chart. Alan Santana. At the time of writing, NEAR is trading just below the 0.236 Fibonacci level. [$1.7429].
If bullish traders want to flex their muscles and continue their uptrend on the 3D chart, they should recover the 0.236 fib level and then the 0.382 fib level. [$2.0649]. Above 0.382 is about 0.5 targets [$2.3552]0.618 [$2.5854]0.786 [$2.9560]1.618 [$4.7911]and 2,618 [$6.9968].
Downside targets for NEAR are 0.236 and the next target below this level is NEAR’s 12-month low of $1.23.
Close to protocol moving averages: 5 days [$1.5218]20-Day [$1.4398]50-Day [$1.8216]100 days [$2.7883]200-Day [$5.0146]Year to date [$1.4882].
The protocol has a 24-hour price range of $1.51-$1.65, and a 7-day price range of $1.51-$1.70. NEAR’s 52-week price range is $1.23-$20.44.
On this date last year, the price of the Protocol was $13.52.
NEAR’s average price over the last 30 days is $1.45 and -10.34% for the same period.
Close to protocol price [+5.51%] It closed its daily candle at $1.64 on Sunday, and like BTC and ETH, NEAR has finished in the green for six of the previous eight days.