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

Patterns: BTC/USD, ETH/USD

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

BTC/USD 4H Chart: Likely to edge lower

The Bitcoin cryptocurrency has depreciated about 12.59% in value against the US Dollar since October 27. The exchange rate breached the 200– period simple moving average during yesterday's trading session.

As for the near future, the BTC/USD cryptocurrency will likely edge lower during next week's trading sessions. The possible target will be near a support cluster formed by the weekly S3 and the monthly S1 at 7759.1.

If the support cluster holds, a potential upward reversal could occur during the following trading sessions.

BTCUSD

ETH/USD 4H Chart: Daily buy signals

The Ethereum cryptocurrency has depreciated about 5.60% in value against the US Dollar since November 6.

All things being equal, the ETH/USD pair will most likely continue to decline during next week's trading sessions. Bearish traders could target a psychological support level at the 175.00 regions.

However, technical indicators flash buy signals on the daily time-frame chart. Therefore, the pair might reversal from the current price level at 186.10 and makes some upside movement during the following trading sessions.

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

XRP rally extends as modest ETF inflows support recovery

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin rebounds after testing an intraday low at $60,000 amid persistent retail investor exit. Ethereum shows subtle signs of recovery, but ETFs outflows limit upside. XRP gains by over 10% on Friday amid mild ETF inflows and a drop in futures Open Interest to $2.40 billion.

Bitcoin Weekly Forecast: The worst may be behind us

Bitcoin Weekly Forecast: The worst may be behind us

Bitcoin 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%. 

Pi Network hits record low despite plans to deploy KYC validator rewards in March

Pi Network hits record low despite plans to deploy KYC validator rewards in March

Pi Network hovers above $0.1400 on Friday, up from the $0.1300 record low seen earlier in the day. The sell-off continues even as Pi Network has announced that it will distribute KYC validator rewards by the end of March.

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%.