cryptd.in

Alternatieve LinkedIn voor cryptovriendelijke talenten

Ethereum Shows Strength – Bulls Aim Higher As ETH Eyes Potential Outperformance

-

door

cryptd.in
in

Ethereum price started a fresh recovery above $4,120. ETH is now showing positive signs and might rise further toward the $4,400 level.

  • Ethereum started a recovery wave above the $4,000 and $4,120 levels.
  • The price is trading above $4,120 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $4,150 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move up if it trades above $4,320.

Ethereum Price Gains Traction

Ethereum price started a recovery wave above the $3,850 level, like Bitcoin. ETH price formed a base and was able to recover above the $4,000 level.

The price cleared the 50% Fib retracement level of the main drop from the $4,758 swing high to the $3,422 low. The bulls were able to push the price above the $4,200 pivot level. Besides, there is a key bullish trend line forming with support at $4,150 on the hourly chart of ETH/USD.

Ethereum price is now trading above $4,200 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,250 level. The next key resistance is near the $4,400 level.

Ethereum Price

The first major resistance is near the $4,440 level and the 76.4% Fib retracement level of the main drop from the $4,758 swing high to the $3,422 low. A clear move above the $4,400 resistance might send the price toward the $4,500 resistance. An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,650 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $4,300 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level and the trend line. The first major support sits near the $4,120 zone.

A clear move below the $4,120 support might push the price toward the $4,050 support. Any more losses might send the price toward the $3,950 region in the near term. The next key support sits at $3,880.

Technical Indicators

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

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

Major Support Level – $4,150

Major Resistance Level – $4,300

Reacties

Geef een reactie

Je e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Nieuwste feeds

Populaire categorieën

nl_NL Nederlands
nl_NL Nederlands 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 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

Zoeken op de website

Populaire verhalen

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrijs (5) #BitcoinPrijsniveau (1) #BitcoinPomp (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCovername (1) #BullishVoorspelling (1) #BullishSentiment (1) #ChineseMijnbouw (1) #CPIPBekijken (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #Cryptomarkt (4) #CryptoVoorspelling (1) #CryptoVoorspellingen (1) #CryptoRegulering (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoOnzekerheid (1) #DerivatiefJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPijn (1) #EthereumPrijs (1) #ExpertOpinie (1) #FedRateCut (1) #FiatValuta (1) #FinanciëleInvloed (1) #FinanciëlePrivacy (1) #FirmShutdown (1) #FrozenRekeningen (1) #IllicitFunds (1) #InflatieData (1) #Investering (1) 1TP5Beleggingsverlies (1) #JapanseFirma (1) #Gerechtelijke actie (1) #Gerechtelijke gevolgen (1) #Wetgeving (1) #Bliksemnetwerk (1) #Mmarktanalyse (3) #Marktmonitoring (1) #MarktVoorspelling (1) #MarktVoorspellingen (1) #MarktProjectie (1) #Marktondersteuning (1) #MarktVolatiliteit (1) #M Huwelijk (1) #MemeCoin (5) #MemeCoins (2) #Mijnwinstgevendheid (1) 1TP5Geld witwassen (2) #MtGox (4) #Noord-KoreaCrypto (1) #NovogratzVoorspelling (1) 1TP5PrijsMijlpaal (1) 1TP5PrijsVoorspelling (2) 1TP5PrijsVraag (1) 1TP5Prijsstijging (1) #PgevangenisVeroordeling (1) #QuantAnalyse (1) #Regeldruk (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #TechnischeAnalyse (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashOntwikkelaar (1) #UKCrypto (1) #UpsidePotentieel (1) #USCongres (1) #WyomingLand (1) #XRPrijs (1) #XRPupswing (1)

Handige koppelingen

Links die ik nuttig vond en wilde delen.