Bitcoin analysis
Bitcoin price Showing its best December performance on Tuesday, BTC was priced at +$557 when the candles of the day were printed.
of BTC/USD 1D Chart from below alan santana We are about to start our price analysis this Wednesday.
After a few weeks of relatively calm trading sessions Bullish BTC market participants We tried to increase the price of the asset to test the 0.382 Fibonacci level [$18,267.1] on tuesday. The bullish target shifts to the 0.5 fib level if the daily candlestick close confirmation can regain 0.382 this week. [$19,132.2] followed by 0.618 [$19,997.4]and 0.786 [$21,229.1].
vice versa, Bearish BTC Trader We aim to retest the $16,640 level. If they can push the price of BTC below that level, the next target for bearish traders in the Bitcoin market is $15,501, the asset’s multi-year low.
fear and greed index 30 Fear +3 from Tuesday’s reading of 27 Fear.
Bitcoin Moving Average: 5 days [$17,144.61],The 20th [$16,727.40]50 days [$18,264.49]100 days [$19,747.23]200 days [$25,894.85]year to date [$28,749.66].
BTC has a 24-hour price range of $17,102 to $18,000 and a 7-day price range of $16,781.78 to $18,000. Bitcoin’s 52-week price range is $15,501 to $52,027.
the price of Bitcoin Last year this date was $48,408.
The average BTC price over the last 30 days is $16,759.4, +2% over the same interval.
Bitcoin price [+3.23%] The daily candle worth $17,785 closed on Tuesday for the second day in a row with a green number.
ethereum analysis
ether price It performed similarly to BTC on Tuesday, closing out the 1 day candle at +$45.75.
The second asset we are looking at today is Ether and more specifically ETH/USD 4HR Chart by fkn bad beats. ETH price is trading between 1 Fibonacci levels [$1,317.65] and 1.2 fib level [$1,330.99].
The Ether upside target is at the 1.2 fib level, at 1.618. [$1,358.86]2.618 [$1,425.55]3.618 [$1,492.24]4.618 [$1,558.92]and 5.618 fib level [$1,625.61].
Unlike those who yearn for the Ether market, bearish trader Has a target on the lower side of the 4HR chart at 1 Fibonacci and 0.5 fib levels [$1,284.31].
Ether moving average: 5 days [$1,266.65],The 20th [$1,225.65]50 days [$1,318.99]100 days [$1,456.70]200 days [$1,811.74]year to date [$2,025.00].
ETH has a 24-hour price range of $1,255.1 to $1,349 and a 7-day price range of $1,225.02 to $1,349. Ether has a 52-week price range of $883.62 to $4,148.85.
The price of ETH on this day in 2021 was $3,860.41.
The average price of ETH over the last 30 days is $1,230.17, +0.62% over the same period.
ether price [+3.59%] Finished Tuesday’s daily session worth $1,320.73, reaching the green number for the third time in four days.
Cardano analysis
Cardano price It also rose more than 2% on Tuesday to close the daily session at +0.0068.
The final chart that concludes our price analysis on Tuesday is ADA/USD 1D Chart by her will. ADA price is trading between 0.5 fib levels [$0.2497] and 0.382 fib level [$0.4525]at the time of writing.
Cardano market traders have been stuck in the middle of these two fives, holding just above the $0.30 level for over a month.
If Bullish ADA Trader If the asset’s price action above the heart line can be clearly established, the next target is the 0.382 fib level.
bearish trader However, we hope to retest the bottom of the long-term descending channel and break out of the 0.5 Fibonacci level. [$0.2497] before testing 0.618 [$0.1378].
Cardano has a 24-hour price range of $0.313 to $0.315 and a 7-day price range of $0.301 to $0.319. The price range for 52 weeks of ADA is $0.296 to $1.63.
On this day last year, Cardano was priced at $1.26.
The average price of ADA over the last 30 days is $0.318, with -11.72% in the same range.
Cardano price [+2.20%] closed the daily candle worth $0.313 on Tuesday, turning positive for the first time in three days.
