77679.520
Today
+0.43%
5 Days
-0.91%
1 Month
+22.44%
6 Months
+12.06%
Year to Date
-11.41%
1 Year
-30.19%
Opening Price
77286.000Previous Closing Price
77376.010The cryptocurrency market broadly and subtly recovers on Thursday, led by Bitcoin’s (BTC) rise near $78,000. This follows persistent declines from the August peak near $81,500.
Bitcoin (BTC) price hovers above $77,000 on Thursday, losing bullish momentum as its correlation with Gold has risen to nearly 50% over the last 90 days. Arbitrum (ARB) and Pyth Network (PYTH) recorded double-digit gains over the last 24 hours, emerging as top performers.
Bitcoin's (BTC) recovery faces growing resistance as the market trades between a major accumulation zone below current prices and a dense concentration of potential supply overhead, according to a Glassnode report published Wednesday.
The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin (BTC) consolidating near its short-term support at $77,000.
Bitcoin (BTC) remains under pressure, trading around $77,600 on Wednesday, after slipping 1.45% the previous day.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday, with technical indicators suggesting early weakening momentum across the top three cryptocurrencies following massive gains in August.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
above 79,393, look for 80,598 and 81,315.
The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
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