Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as the latest U.S. nonfarm payrolls report showed that 263,000 jobs were added to the U.S. economy. Markets had expected this to come in at 200,000. Bitcoin was trading above $17,000 prior to the release of the data.
Bitcoin
Bitcoin (BTC) was once again trading above the $17,000 level, following today’s U.S. nonfarm payrolls (NFP) report.
Today’s data was expected to show an addition of 200,000 jobs to the American economy, which would have been less than October’s figure of 260,000. However, the numbers came in better than expected, at a level of 263,000.
BTC/USD rose to a high of $17,197.50 ahead of the news, which comes less than a day after prices were at a bottom of $16,888.39.
As can be seen from the chart, the rally came as prices moved past a key resistance level of $16,800, with the relative strength index (RSI) also hovering near a ceiling.
The index is currently tracking at 48.68, which is marginally below a resistance point of 50.00, which seems to be the main obstacle in the way of prices extending earlier gains.
Bulls will remain optimistic despite this, with the 10-day (red) moving average closing in on an upwards crossover with its 25-day (blue) counterpart.
Ethereum
ຄື BTC, ethereum (ETH) also moved higher on Friday, as the coin continued to hover close to the $1,300 mark.
ປະຕິບັດຕາມລະດັບຕໍ່າສຸດທີ່ $1,267.71 ໃນວັນພະຫັດ, ETH/USD ເພີ່ມຂຶ້ນໃນລະດັບສູງສຸດໃນມື້ຂອງ $ 1,293.11 ກ່ອນຫນ້ານີ້ໃນກອງປະຊຸມມື້ນີ້.
Friday’s move sees the world’s second largest cryptocurrency climb close to its recent resistance of $1,300, but the asset has so far been unable to move beyond this point.
This comes despite the 10-day (red) moving average appearing to have marginally crossed over its 25-day (blue) counterpart.
Should this crossover continue in an upward direction, not only will ETH move past the $1,300 point, but it will likely head towards a higher ceiling of $1,390.
ລົງທະບຽນອີເມວຂອງທ່ານທີ່ນີ້ເພື່ອໄດ້ຮັບການປັບປຸງການວິເຄາະລາຄາປະຈໍາອາທິດສົ່ງໄປຫາ inbox ຂອງທ່ານ:
Do you expect the Federal Reserve to pivot its policy following today’s report? Leave your thoughts in the comments below.
ເຄດິດຮູບພາບ: Shutterstock, Pixabay, Wiki Commons
ຂໍ້ສັງເກດ: ບົດຂຽນນີ້ແມ່ນເພື່ອຈຸດປະສົງຂໍ້ມູນເທົ່ານັ້ນ. ມັນບໍ່ແມ່ນການສະ ເໜີ ໂດຍກົງຫລືການຊັກຊວນການສະ ເໜີ ຊື້ຫລືຂາຍ, ຫລືການສະ ເໜີ ແນະຫລືການຮັບຮອງຂອງຜະລິດຕະພັນ, ການບໍລິການ, ຫລືບໍລິສັດໃດ ໜຶ່ງ. Bitcoincom ບໍ່ໃຫ້ ຄຳ ແນະ ນຳ ດ້ານການລົງທືນ, ພາສີ, ກົດ ໝາຍ, ຫລື ຄຳ ແນະ ນຳ ດ້ານບັນຊີ. ທັງບໍລິສັດຫລືຜູ້ຂຽນບໍ່ມີຄວາມຮັບຜິດຊອບ, ໂດຍກົງຫລືໂດຍທາງອ້ອມ, ສຳ ລັບຄວາມເສຍຫາຍຫລືການສູນເສຍທີ່ເກີດຈາກການຫລືກ່າວຫາວ່າເກີດຈາກຫຼືກ່ຽວຂ້ອງກັບການ ນຳ ໃຊ້ຫຼືເພິ່ງພາອາໄສເນື້ອຫາ, ສິນຄ້າຫຼືການບໍລິການໃດໆທີ່ກ່າວເຖິງໃນບົດຂຽນນີ້.
Source: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-eth-btc-higher-following-us-nonfarm-payrolls-report/