Current crypto prices: Bitcoin, Ethereum, Algorand

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Bitcoin Analysis

Bitcoin price alternated between green and red candles over the weekend and when the Sunday session was etched in the history books, BTC price was at -$35.6.

The BTC/USD 4HR chart below from LevRidge is the opening chart for our price analysis on Monday. At the time of writing, the price of BTC is trading between the 0.618 fibonacci level [$16,594.3] and the level of 0.55 fib [$16,789.9].

General targets on Bitcoin are 0.55, 0.382 [$17,273.2]0.21 [$17,767.9] and a full retracement to 0 [$18,372.0] on the 4H time slot.

BTC bearish traders are on the contrary trying to push the BTC price below the 0.618 fib level, followed again by targets of 0.724 [16,289.4]0.786 [$16,111.1]0.886 [$15,823.5]1 [$15,495.5] and the level of 1.13 fib [$15,121.6].

BTC/USD 4HR chart: Price is trading between the 0.618 Fibonacci level [$16,594.3] and the level of 0.55 fib [$16,789.9]The fear and greed index is 29 fear and is +3 from yesterday’s reading of 26 fear.

The fear and greed index is 29

Bitcoin Moving Averages: 5 Days [$17,399.77]20 days [$16,854.00]50 days [$18,120.48]100 days [$19,563.48]200 days [$25,556.47]Year to date [$28,614.24].

The 24-hour BTC price range is $16,663.1 to $16,863.3 and its 7-day price range is $16,650.25 to $18,320.82. The 52-week Bitcoin price range is $15,501 to $52,027.

The Bitcoin price on this date last year was $46,716.5.

The average price of BTC over the last 30 days is $16,835.6 and its +1.1% over the same period.

bitcoin price [-0.21%] closed its daily candle worth $16,740.6 in red numbers for the third time in four days on Sunday.

Ethereum Analysis

Ether price fell again on Sunday and ended in negative numbers for four of the past five days. When traders settled on ETH on Sunday, the price of ETH was -$4.51.

The ETH/USD 1W chart by karagis75 is the second chart analyzed on Monday and the Ether price is trading below the $1200 level again, at the time of writing.

If bullish Ether traders are somehow able to recover and push ETH price back up, targets on the asset are 0.236 [$1,336.41]0.382 [$1,505.76]0.5 [$1,642.66]0.618 [$1,779.51] and 0.764 [$1,948.86].

On the contrary, Ether bearish traders want to break the 0 fib level [$1,062.66] with the $1,000 level as a secondary goal. The third downside target for bearish traders is the $883.62 level which is the multi-year low for ETH.

ETH/USD 1W chart: price is trading below the $1,200 level again

Moving averages of Ethers: 5 days [$1,273.09]20 days [$1,234.74]50 days [$1,314.22]100 days [$1,443.79]200 days [$1,791.32]Year to date [$2,015.91].

ETH’s 24-hour price range is $1,170.32-$1,199.54 and its 7-day price range is $1,168.39-$1,343.42. The 52-week Ethers price range is $883.62 to $4,148.85.

The price of ETH on this date in 2021 was $3,925.8.

The average price of ETH for the last 30 days is $1,228.58 and its -2.36% over the same period.

Ether prices [-0.38%] closed its daily session on Sunday worth $1,182.64.

Algorand Analysis

The price of Algorands has also fallen four of the last five days and when the Sunday candle was printed, the price of ALGO was at -$0.0061.

The final chart for Monday’s price analysis is the ALGO/USD 1W chart via wistfulautomata. ALGO’s price ended just outside the declining wedge pattern it spent the majority of 2022 in.

If the ALGO bulls can get back inside this pattern and can break the $0.33 level, the next target for bullish ALGO market participants is $0.3778.

ALGO/USD 1W chart: price ended just outside the falling wedge pattern it spent most of 2022 in

Algorands 24-hour price range is $0.186-$0.195 and its 7-day price range is $0.185-$0.228. The 52-week ALGOs price range is $0.18 to $1.84.

On this date last year, the price of Algorands was $1.35.

The average price of ALGO over the last 30 days is $0.234 and its -30.01% for the same duration.

Algorands Prize [-3.29%] closed its daily candle worth $0.188 on Sunday.

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