Today, Ethereum (ETH) has been in a downtrend, failing at its high of $3,450. The largest altcoin has fallen to a low of $3,196.
On two previous occasions, Ether had already fallen this low and then corrected to the upside. Ethereum will resume its upward movement if the current support holds. The upside move will retest resistance at $3,500. However, if the price falls below the 50-day line SMA, selling pressure will resume. The largest altcoin will continue to fall to the low of $3,026. ETH /USD has regained the previous low at $3,160 after the recent collapse.
Analiza indicatorului Ethereum
Ether is at level 45 of the Relative Strength Index for period 14, indicating that the altcoin is in the downtrend zone and below the midline 50. The price of the cryptocurrency is breaking below the 50-day line SMA. The crypto has fallen below the 20% range of the daily stochastic. The altcoin has reached the oversold zone.
Tehnice de indicatori:
Niveluri majore de rezistență - 4,500 USD și 5,000 USD
Niveluri majore de asistență - 3,500 USD și 3,000 USD
Care este următoarea direcție pentru Ethereum?
ETH/USD is in a downward correction as the price falls into the lower price range. The cryptocurrency has fallen into oversold territory in the market. Further downward movement is not expected. Bearish momentum is expected to subside. Buyers are expected to emerge in the oversold region and push the price higher.
Declinarea responsabilității. Această analiză și prognoză sunt opiniile personale ale autorului care nu sunt o recomandare pentru cumpărarea sau vânzarea de criptomonede și nu ar trebui privite ca o aprobare de către CoinIdol. Cititorii ar trebui să își facă cercetările înainte de a investi fonduri.
