Bitcoin
$43,297.74+1.29%
Ethereum
$3,060.05+4.70%
XRP
$0.943403+0.48%
Cardano
$2.25-5.21%
Polkadot
$29.07-3.75%
Stellar
$0.278586+0.30%
Dogecoin
$0.206634-1.77%
Chainlink
$24.54+2.14%
Uniswap
$24.29+24.86%
Polygon
$1.13+0.65%
Cosmos
$39.70-0.66%
Algorand
$1.71-1.67%
Litecoin
$152.18-0.26%
Bitcoin Cash
$511.51-1.12%
Wrapped Bitcoin
$43,280.96+1.33%
The Graph
$0.684642+0.51%
Filecoin
$58.19-4.01%
Tron
$0.088429-2.57%
Ethereum Classic
$47.42-0.56%
Tezos
$6.78-4.84%
Aave
$294.28+6.46%
Monero
$232.37-2.08%
EOS
$4.05+0.60%
NEO
$38.92-0.49%
IOTA
$1.19-3.09%
BitTorrent
$0.003213-1.23%
Bitcoin SV
$129.89-3.63%
Waves
$23.84-1.67%
Maker
$2,362.37+4.50%
Dash
$163.15-1.05%
Decentraland
$0.713720+3.74%
Decred
$114.14-1.13%
ICON
$1.66+6.84%
NEM
$0.148642+0.77%
Zcash
$112.16+1.91%
OmiseGO
$9.10+2.54%
Paxos Standard
$1.00-0.00%
Yearn Finance
$30,686.74+1.75%
Ren
$1.10+6.58%
NuCypher
$0.277964-6.72%
Qtum
$9.60-0.88%
Bitcoin Gold
$52.48-0.90%
Basic Attention Token
$0.654000+1.68%
Fetch.ai
$0.826432-2.85%
0x
$0.904505+1.15%
Kava.io
$5.72-2.43%
Bancor
$3.54+2.40%
Band Protocol
$7.46-0.69%
Siacoin
$0.015091+2.76%
Nano
$4.58-2.46%
Loopring
$0.372489-1.79%
Storj
$1.10+1.03%
Numeraire
$41.69-2.25%
Civic
$0.442778-2.78%
Lisk
$2.81-4.58%
Orchid
$0.321267+0.76%
PAX Gold
$1,760.15+0.15%
Enzyme
$143.65+7.40%
Augur
$21.13-2.41%
Aragon
$4.59-4.56%
district0x
$0.149275-1.31%
Kyber Network
$1.46+1.70%
SingularDTV
$0.001200-3.26%
Tether
$1.00-0.03%
USD Coin
$1.00-0.04%
Dai
$1.00-0.03%

Bitcoin Rallies From Support, Resistance Around $60K

But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.

Mar 29, 2021 at 11:21 a.m. UTC
Updated Sep 14, 2021 at 12:33 p.m. UTC

Bitcoin (BTC) held support around $50,000 after registering an oversold signal on the four-hour relative strength index (RSI). The next level of resistance is seen around $60,000.

  • The four-hour RSI is not yet overbought, which could keep buyers active above the $54,000 support level.
  • BTC is now breaking above a series of lower price highs from March 13, which suggests the short-term trend is recovering.
  • The daily RSI is back in neutral territory, which previously supported strong price rallies.
  • However, traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.  

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...