cryptd.in

Альтернативний LinkedIn для крипто-дружніх талантів

Ethereum Price Struggles Badly – More Downside Risk if Support Fails

-

до

cryptd.in
в

Ethereum price started a fresh recovery wave above the $4,350 zone but failed. ETH is still struggling and might slide below the $4,270 zone.

  • Ethereum is still struggling to recover above the $4,400 zone.
  • The price is trading below $4,350 and the 100-hourly Simple Moving Average.
  • There was a break below a bullish trend line with support at $4,290 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a strong decline if it settles below the $4,220 level in the near term.

Ethereum Price Could Slide Further

Ethereum price started a recovery wave after it formed a base above the $4,220 zone, like Біткойн. ETH price was able to climb above the $4,300 and $4,320 resistance levels before the bears appeared.

The price struggled to clear the $4,400 level. A high was formed at $4,383 and the price started to decline again. There was a move below the $4,320 support level. The price dipped below the 50% Fib retracement level of the recent increase from the $4,234 swing low to the $4,383 high.

Besides, there was a break below a bullish trend line with support at $4,290 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,320 and the 100-hourly Simple Moving Average.

Ethereum Price

On the upside, the price could face resistance near the $4,320 level. The next key resistance is near the $4,360 level. The first major resistance is near the $4,400 level. A clear move above the $4,400 resistance might send the price toward the $4,440 resistance. An upside break above the $4,440 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term.

More Downside In ETH?

If Ethereum fails to clear the $4,360 resistance, it could start a fresh decline. Initial support on the downside is near the $4,270 level. The first major support sits near the $4,220 zone.

A clear move below the $4,220 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120.

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 – $4,220

Major Resistance Level – $4,360

Коментарі

Залишити відповідь

Ваша e-mail адреса не оприлюднюватиметься. Обов’язкові поля позначені *

Останні новини

Популярні категорії

uk Українська
uk Українська 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 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

Пошук на сайті

Популярні історії

Теги

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (383) #BitcoinETF (3) #BitcoinФундаментальні основи (1) #BitcoinHandling (1) #BitcoinЦіна (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC придбання (1) #Продовження зростання (1) #BullishSentiment (1) #CHineseMining (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) #DerivativeJump (1) #Dogecoin (69) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) # Фінансовий вплив (1) # Фінансова приватність (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Інвестиції (1) #Втрати від інвестицій (1) # Японська фірма (1) # LegalAction (1) # LegalImpact (1) #Законодавство (1) #LightningNetwork (1) #M Аналіз ринку (3) #MМоніторинг ринку (1) #MПрогноз ринку (1) #MРинкові прогнози (1) #MПрогноз ринку (1) #M MarketSupport (1) #MРинкова волатильність (1) #M Шлюб (1) #MemeCoin (5) #MemeCoins (2) #MinerПрибутковість (1) #M Відмивання грошей (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzПрогноз (1) #PЦінаВіха (1) #PЦінаПрогноз (2) #PriceQuestion (1) #PriceSurge (1) #PПозбавлення воліПокарання (1) #QuantAnalysis (1) 1TP5 Регуляторний тиск (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) # Технічний аналіз (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Корисні посилання

Посилання, які я вважаю корисними і якими хочу поділитися.