cryptd.in

Alternativ LinkedIn for kryptovennlige talenter

Ethereum Price Steadies: Strong Support Hints at Exciting Upside Potential

-

av

i

Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840.

Ethereum extended its decline and tested the $3,700 zone.
The price is trading near $3,800 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support near $3,760 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase unless there is a close below the $3,700 support.

Ethereum Price Holds Support

Ethereum price struggled to start a fresh increase and declined below the $3,750 support zone, like Bitcoin. ETH even traded below the $3,720 support zone. However, the bulls were active near the $3,700 support zone.

A low was formed at $3,702 and the price recently started a recovery wave. There was a move above the $3,750 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $3,957 swing high to the $3,702 low.

Ethereum price is now trading near $3,800 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $3,760 on the hourly chart of ETH/USD.

If there is a fresh increase, ETH might face resistance near the $3,830 level. The first major resistance is near the $3,880 level or the 76.4% Fib retracement level of the downward move from the $3,957 swing high to the $3,702 low.

An upside break above the $3,880 resistance might send the price higher. The next key resistance sits at $3,950, above which the price might gain traction and rise toward the $4,000 level.

If the bulls push Ether above the $4,000 level, the price might rise and test the $4,080 resistance. Any more gains could send Ether toward the $4,220 resistance zone.

Another Decline In ETH?

If Ethereum fails to clear the $3,830 resistance, it could start another decline. Initial support on the downside is near the $3,750 level and the trend line.

The next major support is near the $3,720 zone. A clear move below the $3,720 support might push the price toward $3,660. Any more losses might send the price toward the $3,550 level in the near term.

Tekniske indikatorer

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

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

Major Support Level – $3,720

Major Resistance Level – $3,880

Kommentarer

Legg igjen en kommentar

Din e-postadresse vil ikke bli publisert. Obligatoriske felt er merket med *

Siste feeds

Populære kategorier

nb_NO Norsk bokmål
nb_NO Norsk bokmål 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 it_IT Italiano 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 sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Søk på nettstedet

Populære historier

Tagger

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (445) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHåndtering (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTopp (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCanskaffelse (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoForutsigelser (1) #CryptoRegulering (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolum (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (73) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finansiell innvirkning (1) #FinansiellPrivatliv (1) #FirmShutdown (1) #FrossenKonti (1) #Ilskuddsmidler (1) #InflasjonData (1) 1TP5Investering (1) 1TP5Investeringstap (1) #JapanskFirma (1) #LegalAction (1) #LegalImpact (1) #Lovgivning (1) #LightningNetwork (1) #Markedsanalyse (3) #Markedsovervåking (1) #Markedsprediksjon (1) #Markedsprognoser (1) #Markedsprojeksjon (1) #Markedsstøtte (1) #Markedets volatilitet (1) #MVogn (1) #MemeCoin (5) #MemeCoins (2) #MinerLønnsomhet (1) #M Pengehvitvasking (2) #MtGox (4) #Nord-KoreaKrypto (1) #NovogratzPrediksjon (1) #PrisMilestone (1) #Prisforutsigelse (2) #PrisSpørsmål (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #Reguleringspress (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Tteknisk analyse (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashUtvikler (1) #UKCrypto (1) #UpsidePotensial (1) #USCongress (1) #WyomingLand (1) #XRPPris (1) #XRPupswing (1)

Nyttige lenker

Lenker jeg fant nyttige og ønsket å dele.