{"id":26943,"date":"2022-08-24T14:53:51","date_gmt":"2022-08-24T14:53:51","guid":{"rendered":"http:\/\/egrowonline.com\/?p=26943"},"modified":"2022-08-24T14:53:51","modified_gmt":"2022-08-24T14:53:51","slug":"bitcoin-ethereum-and-ada-closed-positively","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=26943","title":{"rendered":"Bitcoin, Ethereum and ADA closed positively"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-id=\"165542\" data-title=\"Bitcoin, Ethereum, and Cardano Finished with Green Daily Candles on Tuesday\" data-slug=\"https:\/\/en.cryptonomist.ch\/2022\/08\/24\/bitcoin-ethereum-cardano-finished\/\">\n<section id=\"custom_html-94\" class=\"widget_text widget widget_custom_html\" \/>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Analysis\" \/><span style=\"font-weight: 400\">Bitcoin Analysis\u00a0<\/span><span class=\"ez-toc-section-end\" \/><\/h2>\n<p><b>Bitcoin\u2019s price<\/b><span style=\"font-weight: 400\"> finished marginally back in green figures again on Tuesday and BTC<\/span><b> concluded its daily session +$131.6.\u00a0\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">We begin today\u2019s price analyses with the<\/span><b> BTC\/USD 4HR chart<\/b><span style=\"font-weight: 400\"> below from <\/span><a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/j7N60Xaa-Morning-Update-Are-We-Targeting-a-September-October-Bottom\/\" rel=\"noopener\"><b>maikisch<\/b><\/a><span style=\"font-weight: 400\">. <\/span><b>BTC\u2019s price is trading between the 1.236 fibonacci level [$19,186] and 1 fib level [$22,865]<\/b><span style=\"font-weight: 400\">, at the time of writing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The overhead targets on BTC are the 1 fib level and the 0.786 [$26,808].\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Conversely,<\/span><b> bearish traders<\/b><span style=\"font-weight: 400\"> are looking to inflict further downside to BTC\u2019s market after regaining possession of the momentum late last week. Those that are short BTC have targets to the downside on the 4HR chart of 1.236, 1.382 [$17,213], 1.5 [$15,767], 1.618 [$14,443], and 1.786 [$12,747].\u00a0<\/span><\/p>\n<figure id=\"attachment_165543\" aria-describedby=\"caption-attachment-165543\" style=\"width: 512px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1.png\" alt=\"Bitcoin Analysis\" width=\"512\" height=\"226\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1.png 512w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1-300x132.png 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1-450x199.png 450w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1-195x86.png 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-25-1-96x42.png 96w\" \/><figcaption id=\"caption-attachment-165543\" class=\"wp-caption-text\">BTC\/USD 4HR chart: the price is trading between the 1.236 fibonacci level [$19,186] and 1 fib level [$22,865]<\/figcaption><\/figure>\n<p><b>Bitcoin\u2019s Moving Averages:<\/b><span style=\"font-weight: 400\"> 5-Day [$22,143.12], 20-Day [$23,199.54], 50-Day [$21,836.43], 100-Day [$28,048.45], 200-Day [$36,530.17], Year to Date [$33,475.65].<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Fear and Greed Index is <\/span><b>25 Fear <\/b><span style=\"font-weight: 400\">and is -3 from Tuesday\u2019s reading of 28 Fear.\u00a0<\/span><\/p>\n<figure id=\"attachment_165544\" aria-describedby=\"caption-attachment-165544\" style=\"width: 512px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1.png\" alt=\"Fear and Greed\" width=\"512\" height=\"460\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1.png 512w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1-300x270.png 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1-390x350.png 390w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1-273x245.png 273w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1-150x135.png 150w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-26-1-96x86.png 96w\" \/><figcaption id=\"caption-attachment-165544\" class=\"wp-caption-text\">The Fear and Greed Index is 25 Fear<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">BTC\u2019s 24 hour price range is $20,908-$21,685 and its 7 day price range is $20,945.83-$24,438.65. <\/span><b>Bitcoin\u2019s 52 week price range is $17,611-$69,044.\u00a0<\/b><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/en.cryptonomist.ch\/2022\/08\/23\/bitcoin-20k-ethereum-1-6k-solana-price-analyses\/\" rel=\"noopener\"><span style=\"font-weight: 400\">The price of Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> on this date last year was $47,940.61.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The average price of BTC for the last 30 days is $22,962.2 and its -6.9% over the same duration.\u00a0<\/span><\/p>\n<p><b>Bitcoin\u2019s price [+0.62%] <\/b><span style=\"font-weight: 400\">closed its daily candle worth $21,526.6 and in green figures for the third time over the last four days.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ethereum_Analysis\" \/><b>Ethereum Analysis\u00a0<\/b><span class=\"ez-toc-section-end\" \/><\/h2>\n<p><b>Ether\u2019s price <\/b><span style=\"font-weight: 400\">climbed higher by over 2% during its daily session on Tuesday and when traders settled-up at the daily close, ETH was +$38.57.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The second chart we\u2019re looking at for this Wednesday is the<\/span><b> ETH\/USD 1D chart <\/b><span style=\"font-weight: 400\">below by <\/span><a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/ETHUSD\/cBsFccGH-Ethereum-Pulls-Back-as-the-Merge-Approaches\/\" rel=\"noopener\"><b>TradeStation<\/b><\/a><span style=\"font-weight: 400\">.<\/span><b> ETH\u2019s price is trading back above the $1,600 level<\/b><span style=\"font-weight: 400\">, at the time of writing.\u00a0<\/span><\/p>\n<p><b>Bullish Ether market participants <\/b><span style=\"font-weight: 400\">are hoping to use the 0.382 [$1,592.08] as a springboard to go up and retest the $2k level. The overhead target if on ETH is 0 [$2,031.00] if they\u2019re successful in using the 0.382 fib level as support.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Those that are <\/span><b>looking for more downside<\/b><span style=\"font-weight: 400\"> firstly on Ether have targets to the downside of 0.382, followed by 1 [$882.00].<\/span><\/p>\n<figure id=\"attachment_165545\" aria-describedby=\"caption-attachment-165545\" style=\"width: 512px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1.png\" alt=\"Ethereum Analysis\u00a0\" width=\"512\" height=\"227\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1.png 512w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1-300x133.png 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1-450x200.png 450w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1-195x86.png 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-27-1-96x43.png 96w\" \/><figcaption id=\"caption-attachment-165545\" class=\"wp-caption-text\">ETH\/USD 1D chart: the price is trading back above the $1,600 level<\/figcaption><\/figure>\n<p><b>Ether\u2019s Moving Averages:<\/b><span style=\"font-weight: 400\"> 5-Day [$1,726l.61], 20-Day [$1,743.67], 50-Day [$1,432.87], 100-Day [$1,909.33], 200-Day [$2,627.98], Year to Date [$2,331.62].<\/span><\/p>\n<p><span style=\"font-weight: 400\">ETH\u2019s 24 hour price range is $1,563.76-$1,676.07 and its 7 day price range is $1,556.49-$1,953.96.<\/span><b> Ether\u2019s 52 week price range is $883.62-$4,878.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">The price of ETH on this date in 2021 was $3,173.35.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The average price of ETH for the last 30 days is $1,704.92 and its +3.91% over the same time frame.\u00a0<\/span><\/p>\n<p><b>Ether\u2019s price [+2.37%] <\/b><span style=\"font-weight: 400\">closed its daily candle on Tuesday worth $1,665.4 and in green figures for a third consecutive day.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cardano_Analysis\" \/><b>Cardano Analysis<\/b><span class=\"ez-toc-section-end\" \/><\/h2>\n<p><b>Cardano\u2019s price<\/b><span style=\"font-weight: 400\"> also rallied higher on Tuesday and bullish ADA traders <\/span><b>finished up the daily session +$0.0034.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">Today\u2019s final project for analysis is Cardano and we\u2019re looking at the <\/span><b>ADA\/USD 1D chart<\/b><span style=\"font-weight: 400\"> below from <\/span><a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/ADAUSD\/MbhcAGdn-ADA-going-up\/\" rel=\"noopener\"><b>Major-Heikin-Ashi-Legend<\/b><\/a><span style=\"font-weight: 400\">.<\/span><b> ADA\u2019s price is trading between the 0.786 fib level [$0.444] and 0.618 [$0.476]<\/b><span style=\"font-weight: 400\">, at the time of writing.<\/span><\/p>\n<p><b>Bullish ADA traders<\/b><span style=\"font-weight: 400\"> want to hold the 0.786 or it may be a quick trip down to test the 0.886 and down thereafter to test ADA\u2019s 12-month low at $0.40. If bulls can muster another rally their overhead targets are 0.618 and 0.5 [$0.499], over the short-term to mid-term.\u00a0<\/span><\/p>\n<figure id=\"attachment_165546\" aria-describedby=\"caption-attachment-165546\" style=\"width: 512px\" class=\"wp-caption aligncenter\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1.png\" alt=\"Cardano Analysis\" width=\"512\" height=\"227\" srcset=\"https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1.png 512w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1-300x133.png 300w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1-450x200.png 450w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1-195x86.png 195w, https:\/\/en.cryptonomist.ch\/wp-content\/uploads\/2022\/08\/unnamed-28-1-96x43.png 96w\" \/><figcaption id=\"caption-attachment-165546\" class=\"wp-caption-text\">ADA\/USD 1D chart: the price is trading between the 0.786 fib level [$0.444] and 0.618 [$0.476]<\/figcaption><\/figure>\n<p><b>ADA\u2019s Moving Averages:<\/b><span style=\"font-weight: 400\"> 5-Day [$0.49], 20-Day [$0.51], 50-Day [$0.48], 100-Day [$0.60], 200-Day [$0.90], Year to Date [$0.78].<\/span><\/p>\n<p><span style=\"font-weight: 400\">ADA\u2019s price is -84.1% against The U.S. Dollar over the last 12 months, -63.51% against BTC, and -68.05% against ETH, over the same duration.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Cardano\u2019s 24 hour price range is $0.464-$0.466 and its 7 day price range is $0.442-$0.579. <\/span><b>ADA\u2019s 52 week price range is $0.40-$3.09.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400\">Cardano\u2019s price on this date last year was $2.72.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The average price of ADA over the last 30 days is $0.51 and its -7.62% over the same timespan.\u00a0<\/span><\/p>\n<p><b>Cardano\u2019s price [+0.75%] <\/b><span style=\"font-weight: 400\">closed its daily candle worth $0.4651 and in green figures for the third time over the last four daily candles.<\/span><\/p>\n<\/div>\n<p>\t  !function(f,b,e,v,n,t,s)<br \/>\n\t  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t  n.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t  n.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t  t.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t  s.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t  &#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t  fbq(&#8216;init&#8217;, &#8220;2395903780706876&#8221;);<br \/>\n\t  fbq(&#8216;init&#8217;, &#8216;410702699585449&#8217;);<br \/>\n\t  fbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<br \/>\n\t(function(d, s, id) {<br \/>\n  var js, fjs = d.getElementsByTagName(s)[0];<br \/>\n  if (d.getElementById(id)) return;<br \/>\n  js = d.createElement(s); js.id = id;<br \/>\n  js.src=&#8221;https:\/\/connect.facebook.net\/en_EN\/sdk.js#xfbml=1&amp;version=v3.0&amp;appId=2059238210984591&amp;autoLogAppEvents=1&#8243;;<br \/>\n  fjs.parentNode.insertBefore(js, fjs);<br \/>\n}(document, &#8216;script&#8217;, &#8216;facebook-jssdk&#8217;));<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/en.cryptonomist.ch\/2022\/08\/24\/bitcoin-ethereum-cardano-finished\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Analysis\u00a0 Bitcoin\u2019s price finished marginally back in green figures again on Tuesday and BTC concluded its daily session +$131.6.\u00a0\u00a0 We begin today\u2019s price analyses with the BTC\/USD 4HR chart below from maikisch. BTC\u2019s price is trading between the 1.236 fibonacci level [$19,186] and 1 fib level [$22,865], at the time of writing.\u00a0 The overhead [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,50,3116,158,10677],"class_list":["post-26943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-bitcoin","tag-closed","tag-ethereum","tag-positively"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/bitcoin-ethereum-1.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26943"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26943\/revisions"}],"predecessor-version":[{"id":26945,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26943\/revisions\/26945"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/26944"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26943"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}