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Bitcoin

Bitcoin Trades Above Two EMAs as Ether and XRP Trade Below Their 50-Day EMAs

Image: TokenPost

Bitcoin (BTC) stood above both its 50-day and 200-day exponential moving averages in an overnight reading, while Ether (ETH) was below its 50-day average and XRP below both after an Oct. 20 rebound. The daily BTC/USDT chart placed Bitcoin at $82,930, above its 50-day EMA of about $80,800 and its 200-day EMA of $76,090. Ether was $2,449 on the ETH/USDT chart, below its 50-day EMA of $2,480 but above its 200-day EMA near $2,327. XRP was $1.333 on the XRP/USDT chart. Its 50-day EMA stood at $1.3748 and its 200-day EMA at $1.3954, both above that price. The readings followed the Oct. 20 market rebound . Separate USD reference prices Wednesday morning put Bitcoin at $83,688.61 at 9:26 a.m. ET (13:26 UTC), Ether at $2,476.26 at 10:26 a.m.

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