Crypto Price Analysis, BTC, ETH, INJ, AERO and ZEC, October 16: Zcash Rebound, Injective Gains 25%, ETH Remains Below 50-Day EMA as Bitcoin Reclaims $80,000
Photo: The Crypto Basic
Injective gains 25% as Bitcoin rebounds above $80,000. October 16 analysis maps support, resistance, and key signals for BTC, ETH, INJ, AERO, and Zcash today. Bitcoin closed October 15 at $82,133.70 on Kraken, up 0.68%, after falling to $79,709. The session undercut the October 8 low at $80,328.60 but recovered above it before the daily close. That leaves a lower intraday low without a confirmed closing breakdown of the earlier support. On-balance volume increased by a net 2,161 BTC over five completed sessions. Thursday’s turnover reached 3,384 BTC, approximately 1.45 times the preceding 20-session average.
Source: The Crypto Basic
