- Bitcoin has recently managed a mild price recovery, trades above $10,000
- ETH has also rebounded from $175.94, but is still around $183
- BTC appears to have a support above $9500, ETH may see support around $183
Bitcoin, after a remarkable bearish phase is ready to take the crypto market up as the coin has recently moved above $10,000. However, the positive price move is yet to get its reflection from the altcoins as Ethereum is still much below $200, even after a rebound.
A month ago, Bitcoin was at $9500.22 and it gradually escalated from there to $11015.10. Later, the coin formed a low swing near $9165 and then surged above $12000. BTC price couldn’t remain there for long and pulled back heavily near $9586.32. Currently, BTC is correcting up from there and is at $10093.60 at 10:27:50 UTC.
ETH vs BTC Price Chart
Ethereum also surged from $200 to $234 in July and then corrected down near $205. The coin again rose to $236.70 this month and then saw a strong pullback even below $200. The coin has hit the bottom at $175 and is correcting up from there. At 10:27:50 UTC, ETH is at $183.57. To know more about future price changes of ETH coin, visit future predictions for Ethereum.
It is to be noted that both the leading cryptos are trading under selling pressure. Moreover, Ethereum may face resistance at $192.59 and support at $181.27. While, Bitcoin can see resistance level at $10,607.53 and support at $9,845.44.