Crypto Price Analysis, BTC, ETH, NEAR, ENA and ZEC, Nov. 5: Bitcoin Reclaims Daily Averages as Ethereum Confirms MACD Crossover

Bitcoin reclaims daily averages as Ethereum confirms a bullish MACD crossover. November 5 analysis covers BTC, ETH, NEAR, ENA and ZEC with key chart levels. Bitcoin closed Wednesday at $80,440.80, gaining 4.02%, after trading between $75,625 and $81,179.60. It undercut October 30’s $76,155.50 low intraday but recovered above Tuesday’s $77,969.80 high at the close. The session therefore produced a strong reversal rather than a confirmed daily breakdown beneath the October low. That repairs the lost weekend support described in our November 3 analysis . The latest price also remained above $80,000, although Wednesday’s high had not been cleared.

Source: The Crypto Basic