Bitcoin, Ethereum, and EOS Were Sent Higher on Sunday

Bitcoin Analysis 

Bitcoin’s price put an end to six straight days of incessant selling pressure from bearish traders on Saturday and since has put together a streak of two straight green candles as we begin a new week. BTC’s price was +$309.1 On Sunday when traders settled-up at 12:00 UTC. 

As we can see on this week’s first chart for analysis, BTC’s price validated a bear flag it was painting on the daily time frame late last week. The first chart to lead-off a new week is the BTC/USD 1D chart below from prototypeB. BTC’s price is trading between 0.236 [$21,176.78] and 0.382 [$23,368.12], at the time of writing. 

Bullish BTC traders are putting in what could be considered a bearish backtest if BTC’s price fails at the next overhead target of 0.382. Bulls have a secondary target of 0.5 [$25,139.19], and a third target of 0.618 [$26,910.27].

Conversely, bearish BTC traders are looking to push BTC’s price below the 0.236 fib level followed by a full retracement back to the 0 fib level [$17,634.78] on the weekly time frame.

Bitcoin’s Moving Averages: 5-Day [$23,229.38], 20-Day [$23,226.71], 50-Day [$21,888.49], 100-Day [$28,543.75], 200-Day [$36,939.14], Year to Date [$33,623.12].

The Fear and Greed Index is 29 Fear and is +2 from Sunday’s reading of 27 Fear.

BTC’s 24 hour price range is $21,069-$21,800 and its 7 day price range is $20,769-$24,995. Bitcoin’s 52 week price range is $17,611-$69,044. 

The price of Bitcoin on this date last year was $49,250.54. 

The average price of BTC for the last 30 days is $23,063.9 and its -8.3% over the same duration. 

Bitcoin’s price [+1.48%] closed its daily candle worth $21,138.8 on Sunday. 

Ethereum Analysis 

Ether’s price finished back in green digits on Sunday after two consecutive closes in red digits. When ETH’s daily session concluded on Sunday, ETH’s price was -$45.8.  

The ETH/USD 1W chart below by StonkSniper shows Ether’s price trading between the 0.786 fib level [$1,481.51] and 0.65 [$2,068.92], at the time of writing. 

We can see Ether’s price bearishly engulfed the weekly timescale with a massive red candle on Sunday. Bullish traders want to pivot before the 0.786 is reached with overhead targets of 0.65, 0.618 [$2,207.14], and 0.5 [$2,716.8]. 

At variance with bulls are bearish traders that have a primary target of 0.786, followed by 0.886 [$1,049.59], and a third target of 1 [$557.2].

Ether’s Moving Averages: 5-Day [$1,840.54], 20-Day [$1,727.90], 50-Day [$1,417.11], 100-Day [$1,946.65], 200-Day [$2,656.03], Year to Date [$2,340.37].

ETH’s 24 hour price range is $1,562.34-$1,646.52 and its 7 day price range is $1,523.67-$2,004.15. Ether’s 52 week price range is $883.62-$4,878. 

The price of ETH on this date in 2021 was $3,243.49.

The average price of ETH for the last 30 days is $1,700.12 and its +5.46% during the same time frame. 

Ether’s price [+2.91%] closed its daily candle on Sunday worth $1,621.38.

EOS Analysis

EOS has marked-up over 10% for the last two daily sessions and when Sunday’s daily session concluded, EOS was +$0.16. 

The last chart we’re looking at for this Monday is the EOS/USD 1W chart by crytobullmike. EOS is trading between the 0 fibonacci level [$0.826] and 0.236 [$2.153], at the time of writing. 

The targets above for bullish EOS market participants are 0.236, 0.618 [$4.303], and 0.786 [$5.248].

Bearish traders have a primary target of a full retracement back to the 0 fib level with a fresh 12-month low forthcoming if that level breaks. 

EOS’s Moving Averages: 5-Day [$1.38], 20-Day [$1.27], 50-Day [$1.09], 100-Day [$1.47], 200-Day [$2.16], Year to Date [$1.85].

EOS is +19.01% against The U.S. Dollar over the last 90 days, +61.3% against BTC, and +45.6% against ETH, over the same time frame.

The 24 hour price range of EOS is $1.37-$1.58 and its 7 day price range is $1.25-$1.63. The 52 week price range of EOS is $0.816-$6.41. 

The price of EOS on this date last year was $5.41. 

The average price of EOS over the last 30 days is $1.26 and its +41.46% over the same timespan. 

The price of EOS [+11.27%] closed its daily candle on Sunday worth $1.57 and in green digits for a second day in a row.