BTC and ETH Price Analysis for November 8

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BTC and ETH Price Analysis for November 8
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Have the top coins reached the oversold zone yet? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x

The rate of Bitcoin has declined by almost 5% over the last 24 hours.

Bitcoin has continued to drop since yesterday and reached the middle of the wide channel. At the moment, one needs to pay attention to the vital . If buyers cannot return to it and fix above it, there are chances to see the test of the support level at $18,157.Ethereum is more of a loser than Bitcoin , going down by 6.21%.

On the daily chart, Ethereum is on its way to the support level at $1,407. If the price bounces back, there are chances to see a local rise to the $1,500 area by the mid-November. However, if the bar closes below the mentioned mark, the downward move can continue up to the $1,350 zone.

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