Crypto Price Analysis & Overview January 17th: Bitcoin, Ethereum, Ripple, Tezos, and Ethereum Classic. - CryptoPotato
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The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960 (provided by a bearish .786 Fibonacci Retracement level). If the bulls push ETH higher, the first level of resistance to crack lies at 0.0195 BTC, which is provided by the 100-days EMA.
On the other hand, if the sellers push Tezos lower, support can be expected at 0.000165 BTC (100-days EMA), 0.000157 BTC, and 0.000149 BTC (.618 Fib Retracement 200-days EMA). Against BTC, ETC has also seen an epic surge that saw it breaking above the 200-days EMA to climb higher and reach resistance provided by a long term bearish .618 Fibonacci Retracement level at 0.00114 BTC.
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