BTC and ETH Price Prediction for February 11

Most coins are rising on the last day of the week, according to CoinStats.

BTC/USD

The price of Bitcoin (BTC) has risen by 1.72% since yesterday.

On the daily chart, the rate of BTC has almost touched the $49,048 level. However, one should pay attention to the candle closure. If it happens below yesterday’s peak, traders may witness a correction to the nearest support zone at $46,000.

Bitcoin is trading at $48,122 at press time.

ETH/USD

Ethereum (ETH) has gained less than BTC, going up by 0.71%.

From the technical point of view, Ethereum (ETH) looks more bearish than BTC as the daily candle is about to close far from its peak. If nothing changes by the end of the day, one can expect a local drop to the $2,400-$2,450 zone soon.

Ethereum is trading at $2,508 at press time.

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