Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Week of Intense Volatility

Bitcoin.com | Sep 24, 2022 at 2:30 PM
  • Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend.
  • Looking at the chart, the initial price increase in today’s session came as the 14-day relative strength index (RSI) also moved higher, hitting a resistance level in the process.
  • As seen from the chart, the move came as its RSI also rose, hitting a height of 38.70 in today’s session.