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NewsBTC 2022-08-15 13:30:09

TA: Top 5 Crypto You Should Watch This Week – Bitcoin, Ethereum

Top 5 Crypto You Should Watch This Week, with many crypto altcoins producing price gains of two or more digits. The recovery has sparked the excitement and belief that the bottom could be in for many crypto assets with the hope of a bull run in a short time. Let us discuss the top 5 crypto assets you should watch this week. Related Reading: Ethereum Sees Setback After Breaking $2k, But Price Likely to Maintain Upward Trajectory Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose. Bitcoin (BTC) Price Analysis As A Top 5 Crypto From the chart, the price of BTC has continued to show bullish strength after retesting the price of $25,200 and was rejected from that region. BTC is currently trading at $24,170 at the point of writing this article. The price of BTC is in a rising wedge; a breakout above the wedge could see the price of BTC going to the region of $27,000 – $28,500. A breakout below this rising wedge could see the price of BTC retesting the support region of $21,400. Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart The price of Ethereum has outperformed BTC in the past few days after showing bullish strength to a region of $2,000. ETH price was rejected from $2,000 with what seems to be a resistance for ETH price to trend higher. The price of ETH is trading above the 50 Exponential Moving Averag...

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