fbpx
Price Analysis

Ethereum vs Bitcoin: Yesterday’s Bullish Trend Remains Intact, ETH Holds at $200, BTC Climbs Above $10,800

  • Ethereum has reclaimed $200 price mark after the recent plunge 
  • Bitcoin price is correcting down since today morning, hovers around $10,811, may go down a bit more
  • Bitcoin holds strong resistance above $10,900, may see support above $10,600

Bitcoin has recently started to move downwards after yesterday’s remarkable surge above $10,900 against U.S.Dollar. Meanwhile, Ethereum has also pulled back from $203 to $200.

Bitcoin opened yesterday at $10,350.28 and it saw its first price spike to $10,730.18 at 7:16 UTC with an increase of 3.72%. The leading crypto coin then ranged between $10828.75 to $10645 till it saw another surge just before closing at $10,916.05.

Today, BTC is correcting down and is at $10811.58 at 07:01:40 UTC.

ETH vs BTC Price Chart

Bitcoin/Ethereum Price ChartEthereum reached above $200 yesterday with a price jump of 3.74%. The coin largely remained above $200 except for a few dips near $199. At 19:18 UTC yesterday, ETH saw a plunge at $197 and rebounded from there to $203.95 with a rise of 3.32%. The coin corrected down a bit before closing at $203.09. Today also, the coin has continued to trade downwards and is at $200.29 at 07:01:40 UTC.

Conclusion:

Ethereum may see resistance at $206.73 and support at $196.28, while Bitcoin may see resistance at $11,117 and support at $10,112.25 and $10,514.15.

Tags
Show More

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

Related Articles

Back to top button