The two largest cryptocurrencies by market cap are on different paths, following the weekend slump.
Bitcoin is struggling between $ 54,800 and $ 56,200, Meanwhile he Ethereum re-planted support at $ 2,150 and he's on his way to picking up the highs he set last week, being over $ 2,300 by the time of writing.
And it is that BTC has found it more difficult to recover than ETH, which is going with greater momentum. But let's see what might happen in the course of the day, in my new analysis for Cryptocurrency.
Today we see Bitcoin making a price range between $ 54,800 and $ 56,200.
For the past three days, the bulls have been trying to make up lost ground and are struggling to reach $ 58,000, but they have not been successful.
The bears are in command of BTC and their primary goal is to bring Bitcoin to $ 52,000 and hence there are no more stops up to $ 48,000.
Ethereum hasn't had so much trouble recovering its previous prices of the weekend and, as I wrote to you yesterday, the $ 2,150 is a very good support, only exceeded once after Saturday.
The bulls managed, for this moment, to raise the price of ETH to $ 2,300 and remain firm to take it, at least, to the levels of the all-time highs that it reached last week.
The bears are very weak and trying, unsuccessfully, to break the $ 2,150. To get to do it, could bring Ethereum back to $ 2,000.
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Analysis by analyst César Quintero for Cryptocurrency