Bitcoin, Ethereum, Cosmos [Atom] Price Analyses

Bitcoin Analysis 

Bitcoin’s price traded lower for the second time over the last three days and when traders settled-up at 12:00 UTC, BTC’s price was -$663.9. 

The first chart we’re exploring today is the BTC/USD 1D chart by q2sandman. BTC’s price is trading just below the $19k level, at the time of writing.

The overhead target for BTC bulls is -2 [$33,973.03] if they can pivot from the current course to the upside again.

Those that are short BTC have targets to the downside on the daily timescale of 0 [$18,587.33], 0.236 [$16,771.81], 0.382 [$15,648.66], 0.5 [$14,740.9], 0.65 [$13,586.97], and 0.786 [$12,540.74].

The Fear and Greed Index is 23 Extreme Fear and is equal to yesterday’s reading.

Bitcoin’s Moving Averages: 5-Day [$19,643.98], 20-Day [$20,202.59], 50-Day [$21,724.85], 100-Day [$24,022.42], 200-Day [$33,124.88], Year to Date [$32,055.99].

BTC’s 24 hour price range is $18,71l.9-$19,589 and its 7 day price range is $18,471-$20,408. Bitcoin’s 52 week price range is $17,611-$69,044. 

The price of Bitcoin on this date last year was $40,664. 

The average price of BTC for the last 30 days is $20,359.8 and its -17.7% over the same period. 

Bitcoin’s price [-3.4%] closed its daily candle worth $18,874 on Tuesday. 

Ethereum Analysis 

Ether’s price followed the macro lower on Tuesday and when the day’s final candle was painted, ETH was -$52.68.  

The second chart we’re looking at today is the ETH/USD 1W chart below by EMC2PRoPheT. ETH’s price is trading between the $1,203.85 level and $1,525.15 level, at the time of writing. 

Bullish traders were rejected sternly after numerous attempts over the last few months to crack and regain the $2k level. Their targets to the upside on the weekly time frame now are $1,525, $1,726.56, $1,904.00, $2,469.88, and $3,035.76 over the short-term to mid-term.

Conversely, bearish traders have a primary aim of denying bullish ETH traders access back above the $1,4k level. Their targets to the downside on ETH are $1,203.85, $757.86, $402.98, $191.98, and $72.09. 

Ether’s Moving Averages: 5-Day [$1,450.53], 20-Day [$1,577.54], 50-Day [$1,610.54], 100-Day [$1,624.24], 200-Day [$2,360.50], Year to Date [$2,251.01].

ETH’s 24 hour price range is $1,312.71-$1,384.1 and its 7 day price range is $1,295.58-$1,638.55. Ether’s 52 week price range is $883.62-$4,878. 

The price of ETH on this date in 2021 was $2,765.14.

The average price of ETH for the last 30 days is $1,571.9 and its -26.49% over the same duration. 

Ether’s price [-3.83%] closed its daily candle on Tuesday worth $1,323.32 and in red figures for the second time over the last three days. 

Cosmos Analysis

The price of Cosmos finished more than 10% down for its daily session and when the day’s candle was painted, ATOM was -$1.69. 

We’re rounding out our price analyses for this Wednesday with the ATOM/USD 4HR chart from CryptoFallen. ATOM’s price is trading between the 0.382 fibonacci level [$12.75] and 0.236 [$14.35], at the time of writing.

Bullish ATOM market participants have targets overhead of regaining the 0.236 and then a full retracement at 0 [$16.93]. 

At variance with bullish ATOM market participants are bearish traders that are short ATOM and eyeing the 0.382 with a secondary aim of the 0.5 fib level [$11.45].

ATOM’s Moving Averages: 5-Day [$15.05], 20-Day [$13.5], 50-Day [$11.74], 100-Day [$10.71], Year to Date [$13.98].

ATOM’s price is +109% against The U.S. Dollar over the last 12 months, +126.8% against BTC, and +70.51% against ETH, over the same period. 

The 24 hour price range of Cosmos is $13.66-$15.65 and its 7 day price range is $13.43-$16.93. ATOM’s 52 week price range is $5.55-$44.67. 

The price of Cosmos on this date last year was $30.33. 

The average price of ATOM over the last 30 days is $13.24 and its +29.53% over the same timespan. 

ATOM’s price [-10.85%] closed its daily session worth $13.92 and in red figures for the third time over the last four days.