cryptd.in

LinkedIn alternativo para talentos amigos da criptografia

Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

-

por

cryptd.in
em

Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher.

  • Ethereum started a downside correction below the $1,620 zone.
  • The price is trading below $1,665 and the 100-hourly Simple Moving Average.
  • There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move down if it stays below the $1,680 zone.

Ethereum Price Resumes Decline

Ethereum price failed to stay above the $1,700 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,680 and $1,665 levels.

There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high.

However, the bulls were active near the $1,610 level. Ethereum price is now trading below $1,680 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,610, the price could attempt another increase.

Ethereum Price

Immediate resistance is seen near the $1,665 level. The first key resistance is near the $1,680 level. The next major resistance is near the $1,710 level. A clear move above the $1,710 resistance might send the price toward the $1,750 resistance. An upside break above the $1,750 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,840 resistance zone or even $1,850 in the near term.

Downside Continuation In ETH?

If Ethereum fails to clear the $1,710 resistance, it could start a fresh decline. Initial support on the downside is near the $1,610 level. The first major support sits near the $1,585 zone or the 61.8% Fib retracement level of the upward move from the $1,505 swing low to the $1,719 high.

A clear move below the $1,585 support might push the price toward the $1,550 support. Any more losses might send the price toward the $1,520 region. The main support could be $1,500.

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 – $1,550

Major Resistance Level – $1,710

Comentários

Deixe um comentário

O seu endereço de email não será publicado. Campos obrigatórios marcados com *

Feeds mais recentes

Categorias populares

pt_PT Português
pt_PT Português 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 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 nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Pesquisar no sítio Web

Histórias populares

Etiquetas

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (448) #BitcoinETF (3) #BitcoinFundamentos (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCaquisição (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPrevisão (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulamentação (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #ribunal holandês (2) #EComércio (1) #ElSalvadorBitcoin (1) #Ethereum (73) #EthereumDor (1) #EthereumPrice (1) #ExpertOpinião (1) #FedRateCut (1) #FiatMoeda (1) #Fimpacto financeiro (1) #FinancialPrivacidade (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Fundos ilícitos (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdas de investimento (1) #Firma japonesa (1) #Acção legal (1) #Impacto jurídico (1) #Legislação (1) #LightningNetwork (1) #Manálise de mercado (3) #MMonitorização do mercado (1) #Mprevisão de mercado (1) #Mprevisões de mercado (1) #MProjecção de mercado (1) #MarketSupport (1) #MVolatilidade do mercado (1) #MCasamento (1) #MemeCoin (5) #MemeCoins (2) #MinerRentabilidade (1) #M Lavagem de dinheiro (2) #MtGox (4) #Coreia do NorteCriptografia (1) #NovogratzPrevisão (1) #PriceMilestone (1) #Previsão de preços (2) #PriceQuestion (1) #PriceSurge (1) #PrisãoSentença (1) #QuantAnalysis (1) 1TP5Pressão regulamentar (1) #SECAntiCripto (1) #ShibaInu (6) #SocialBuzz (1) #T Análise técnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCriptografia (1) #UpsidePotencial (1) #USCongresso (1) #WyomingLand (1) #XRPPreço (1) #XRPupswing (1)

Ligações úteis

Ligações que considero úteis e que gostaria de partilhar.