Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News
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BTC gains with U.S. dollar weaker to start the week.

Looking at the chart, the move saw the token marginally rise above its resistance point at the $19,300 level, which has historically been an area of uncertainty.Today’s rally also coincided with the 14-day relative strength index bouncing off a key floor of 43.00. Should this ascent continue, we could see prices move closer to $20,000.) also shook off signs of a red October, as the token rebounded following four consecutive bearish sessions.

After a low of $1,271.15 on Sunday, the world’s second largest cryptocurrency raced to a high of $1,308.90 to start the week.

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