Analytics

BTC and ETH Price Analysis for October 3

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BTC and ETH Price Analysis for October 3

The new week has started in a neutral mode as some coins are in the red zone while others are in the green.

BTC and ETH Price Analysis for October 3

BTC/USD

The rate of Bitcoin (BTC) has risen slightly since yesterday, going up by 0.56%.

BTC and ETH Price Analysis for October 3

Even though Bitcoin (BTC) remains trading in a wide range, the price has bounced off the $19,000 mark, so buyers are trying to seize the initiative. If the rise continues, one can expect a further upward move by mid-October.

Bitcoin is trading at $19,313 at press time.

ETH/USD

Ethereum (ETH) is more of a gainer as it has grown more than 1% over the last 24 hours.

BTC and ETH Price Analysis for October 3

From the technical point of view, Ethereum (ETH) is trading similar to Bitcoin (BTC) as the price is also fighting for the vital level of $1,300.

If daily candle closes in the area of $1,300-$1,320, there are chances to see the start of a midterm bull run.

Ethereum is trading at $1,305 at press time.


Source: ethereum.today

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