BTC, ETH above $19,000 and $1,300 respectively, ahead of Wednesday's FOMC rate decision.
/USD hit an intraday high of $19,639.48 earlier in today’s session, as prices rebounded from losses to start the week.
The move came as bulls rejected an attempt to move below yesterday’s floor of $18,645, instead using this as a point of reentry.Looking at the chart, today’s gains have seen the 14-day relative strength index move away from yesterday’s bottom below the 38.00 point. The RSI is currently tracking at 39.69.
The next step for bulls would be to recapture the $20,000 level, however the current level of market volatility will make this no easy feat. As of writing, the token is trading at $19,117.06, as earlier gains have somewhat diminished, prior to the rates decision.