TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Pattens: BTC/USD, ETH/USD

Pattens: BTC/USD, ETH/USD
Dukascopy Bank TeamDukascopy Bank TeamDukascopy Bank SA

BTC/USD makes pullback

The Bitcoin cryptocurrency has declined by 15.24% against the US Dollar since this week's trading sessions. The decline was stopped by the 200– day simple moving average at 45854.9 on September 7.

If the support level, formed by the 200– day SMA holds, bullish traders could pressure the world's largest cryptocurrency towards the $60K mark during the following trading sessions.

However, if the BTC/USD cryptocurrency pair breaks the support level, bears could target the $40,000 mark this week.

BTCUSD

ETH/USD tests $4K mark

The Ethereum cryptocurrency edged higher by 26.22% against the US Dollar last week. The world's second-largest cryptocurrency by market cap tested the $4000 mark on September 5.

All things being equal, the exchange rate could continue to trend higher during the following trading sessions. The potential target for bullish traders would be near the $4500 mark.

However, if the ETH/USD cryptocurrency pair breaks the support level at 3362.8, a decline towards the 200– days simple moving average at 2500.0 could be expected in the nearest future.

ETHUSD

Author

Dukascopy Bank Team

Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

More from Dukascopy Bank Team
Share:

Editor's Picks

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.

Crypto Today: Bitcoin steadies around $70,000, Ethereum and XRP remain under pressure 

Crypto Today: Bitcoin steadies around $70,000, Ethereum and XRP remain under pressure 

Bitcoin hovers around $70,000, up near 15% from last week's low of $60,000 despite low retail demand. Ethereum delicately holds $2,000 support as weak technicals weigh amid declining futures Open Interest.

Pi Network extends decline as steady mainnet migration adds pressure

Pi Network extends decline as steady mainnet migration adds pressure

PI edges lower by over 3% at press time on Monday, marking a third consecutive day of losses. The declining trend in PI aligns with the steady mainnet migration of PI tokens, which may fuel selling pressure. The technical outlook for PI remains bearish, with bearish momentum persisting. 

Bitcoin slips below $70,000 as ETF outflows, realized losses fuel bearish outlook

Bitcoin slips below $70,000 as ETF outflows, realized losses fuel bearish outlook

Bitcoin price trades in red below $70,000 on Monday after correcting nearly 9% in the previous week. US-listed spot ETFs recorded a $318 million weekly outflow, marking the third consecutive week of withdrawals.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.