Bitcoin closed the Sunday, June 13 trading at with 9 percent increased after forming a solid green candle to $38,900.
What is more, the coin broke above the 21-period EMA on the daily chart, and the downtrend resistance coming as an extension of the diamond pattern from early May.
The Tuesday session saw a peak of $41,423, but bulls could not extend the rally to the zone above the January high of $42,000.
The Ethereum project token ETH jumped 6.2 percent on Sunday, June 13, and moved back into the long-term uptrend corridor, hitting the $2,500 S/R zone.
On Monday, the leading altcoin and leading decentralized applications platform climbed further to $2,611 but suffered once more rejection at the 21-period EMA being unable to close above this dynamic line since June 3.
This was followed by a deeper retrace on Wednesday, June 16 when the ETH/USD pair erased 6.7 percent of its value and lost both the horizontal and diagonal supports.
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