Bitcoin and Ethereum: Bitcoin is hovering around $25700

<div><img width="1200" height="755" src="https://www.financebrokerage.com/wp-content/uploads/2022/09/Bitcoin-2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin" decoding="async" loading="lazy" /></div><h1><b>Bitcoin and Ethereum: Bitcoin is hovering around $25700</b></h1>
<ul>
<li aria-level="1">Today, Bitcoin remains below the $26,000 level.</li>
<li aria-level="1">Today’s high price of Ethereum is the $1640 level.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>Today, Bitcoin remains below the $26,000 level. We are currently hovering around the $25750 level, pulling back from the $25850 previous low. We have <a href="https://www.financebrokerage.com/eurusd-and-gbpusd-eurusd-on-support-at-1-08000-levels/">support</a> at the $25700 level, and we need to hold above it in order to try to move up to the $26000 level. In the zone around $26000, we have additional resistance in the EMA50 moving average.</p>
<p>With a breakout above, we will see a continuation of the bullish option. Potential higher targets are $26200 and $26400 levels. We need a negative consolidation and pullback to the $25600 level for a bearish option. A break below this level could increase pressure on the price and send it even lower. Potential lower targets are $25400 and $25200 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-224026 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/09/9hmu3MAQ-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>Today’s high price of Ethereum is the $1640 level. We encounter resistance at that level, and we need a breakthrough above it in order to move forward in the recovery. We have additional resistance in the EMA50 moving average. If we manage to move above, it would be a great sign for a bullish recovery. Potential higher targets are $1660 and $1670 levels.</p>
<p>We need a negative consolidation consolidation and a pullback below the $1620 level for a bearish option. After that, we entered an uncomfortable zone where we could see a breakout below and a visit to lower levels. Potential lower targets are $1610 and $1600 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-224028 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/09/LQjVPiGB-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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