Bitcoin, Ethereum Technical Analysis

Markets were consolidating ahead of the non-farm payrolls report on Friday, and Bitcoin was once again trading below $28,000. Last month's payrolls are expected to be worth $240,000, and the unemployment rate in the United States will continue to be 3.6%. Ethereum was likewise lower today, following an eight-month high on Wednesday.

As markets began to prepare for the non-farm payrolls report that will be released tomorrow, Bitcoin (BTC) was once more trading below $28,000 on Thursday.In today's session, BTC/USD fell to an intraday low of $27,831.56, less than 24 hours after reaching a high of $28,714.22.As bitcoin bulls were unable to maintain a breakout of a crucial resistance level of $28,500, the move was made.

Ethereum (ETH) prices fell today as well, falling from an eight-month high the day before.ETH/USD fell to an intraday low of $1,859.00 earlier in the day after reaching a high of $1,924.47 on Wednesday.Ethereum has fallen from its highest point since Aug. 17, when the price reached a peak of $1,957, as a result of this decline.

Could ethereum move above $2,000 in April? Leave your thoughts in the comments below.

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