cryptd.in

LinkedIn alternativo per i talenti crittografici

Ethereum Turns Lower — Market Sentiment Softens As $4K Level Gives Way

-

da

cryptd.in
in

Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920.

  • Ethereum started a downside correction below $4,150 and $4,050.
  • The price is trading below $4,050 and the 100-hourly Simple Moving Average.
  • There was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move down if it trades below $3,920.

Ethereum Price Starts Downside Correction

Ethereum price extended gains above the $4,050 level, like Bitcoin. ETH price even surpassed $4,200 before the bears appeared. A high was formed at $4,252 and the price recently started a downside correction.

There was a move below the $4,120 and $4,050 levels. The price dipped below the 50% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high. Moreover, there was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD.

Ethereum price is now trading below $4,080 and the 100-hourly Simple Moving Average. If there is another increase, the price could face resistance near the $4,040 level. The next key resistance is near the $4,080 level.

Ethereum Price

The first major resistance is near the $4,120 level. A clear move above the $4,120 resistance might send the price toward the $4,200 resistance. An upside break above the $4,200 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,240 resistance zone or even $4,250 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $4,080 resistance, it could start a fresh decline. Initial support on the downside is near the $3,950 level. The first major support sits near the $3,920 zone and the 61.8% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high.

A clear move below the $3,920 support might push the price toward the $3,880 support. Any more losses might send the price toward the $3,840 region in the near term. The next key support sits at $3,780.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $3,920

Major Resistance Level – $4,080

Commenti

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *

Ultimi feed

Categorie più popolari

it_IT Italiano
it_IT Italiano en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Ricerca nel sito web

Storie popolari

Tag

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElezione (1) #BinanceVsCoinbase (1) #Bitcoin (432) #BitcoinETF (3) #BitcoinFondamenti (1) #BitcoinHandling (1) #BitcoinPrezzo (5) #BitcoinPrezzoLivello (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCacquisizione (1) 1TP5Previsione toro (1) #BullishSentiment (1) #CMiniera cinese (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativoSalto (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Corte olandese (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) #EPrezzo dell'Etere (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Fimpatto finanziario (1) #FinanziarioPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5FondiIlleciti (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdita d'investimento (1) #Azienda giapponese (1) #Azione legale (1) #Impatto legale (1) #Legislazione (1) #LightningNetwork (1) #Manalisi del mercato (3) #MMonitoraggio del mercato (1) #Mprevisione di mercato (1) #Mprevisioni di mercato (1) #MProiezione di mercato (1) #MmercatoSupporto (1) #MmercatoVolatilità (1) #MCompatibile (1) #MemeCoin (5) #MemeCoins (2) #MinerProfittabilità (1) #MRiciclaggio di denaro (2) #MtGox (4) #Corea del NordCrittografia (1) #NovogratzPrevisione (1) #PriceMilestone (1) #PprezzoPrevisione (2) #PriceDomanda (1) #PrezzoAumento (1) #PcarcereSentenza (1) #QuantAnalisi (1) #RegolamentazionePressione (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #T Analisi tecnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashSviluppatore (1) #UKCrypto (1) #UpsidePotenziale (1) #USCongresso (1) #WyomingLand (1) #XRPrezzo (1) #XRPupswing (1)

Link utili

Link che ho trovato utili e che volevo condividere.