Chain News by Thebittimes.Com

Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on Tuesday, as bears returned to action following a failed breakout of a key resistance point. BTC/USD slipped to an intraday low of $19,206.32 earlier in today’s session, moving away from Monday’s peak of $19,698. Yesterday’s move saw the token briefly move past its ceiling of $19,600, however, after failing to maintain momentum, bulls vacated their positions. BTC/USD – Daily Chart As a result of today’s drop, the 14-day relative strength index (RSI) fell to a floor of 47.50, which is its weakest point since Saturday. Currently the index has rejected a move below this mark, and is tracking at 48.54, ...

Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third consecutive session on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. DOGE/USD slipped to an intraday low of $0.06201 in today’s session less than 24 hours after hitting a peak of $0.06511. Today’s decline saw the token continue to fall below its resistance point of $0.0640, moving closer to a floor of $0.0590. DOGE/USD – Daily Chart Looking at the chart, today’s drop in price comes as the 14-day relative strength index (RSI) fell below a floor of its own. As of writing, the index is tracking at 50.63, which is marginally below its recent support point of 52.00. The 10-day (red) moving average (MA...