Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Lower for a Sixth Straight Day – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Lower for a Sixth Straight Day – Market Updates Bitcoin News
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BTC, ETH prices lower for a sixth straight day

Price strength in bitcoin is now firmly oversold, with the 14-day RSI tracking at 39, which is its lowest point in over three weeks.

This recent downward trend has pushed the 10-day moving average on the cusp of crossing over the 25-day MA. Should this happen, we may see yet even more declines in the price of the world’s largest cryptocurrency.Like bitcoin, prices of ethereum were also down to start the week, with the world’s second largest cryptocurrency trading almost 9% lower from its position last Monday.This three-week low came as

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