Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week

Bitcoin.com | Aug 22, 2022 at 2:40 PM
  • Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session.
  • This drop led to bitcoin moving closer to its recent support point of $20,800, which it last hit on Saturday, however bulls have so far resisted a similar occurrence today.
  • ETH/USD, which was at a high of $1,640.94 on Sunday, fell lower in today’s session, dropping to a bottom of $1,535.01.