Ethereum Bulls Defend $1,200 Support As Price Holds; How Long Will This Last? PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Ethereum Bulls apără suportul de 1,200 USD pe măsură ce prețul se menține; Cât va dura asta?

  •  ETH’s price loses its $1,500 support as the price trades to a region of $1,250 before bouncing off this region. 
  •  Prețul ETH continuă să arate ursurs cu starea actuală a pieței, deoarece lucrurile par incerte pentru majoritatea comercianților și investitorilor. 
  • ETH’s price remains weak across all timeframes as the price trades above the 50 and 200 Medii exponențiale în mișcare (EMA).

Previous weeks saw the price of Ethereum (ETH) and most altcoins trend higher as many produced gains of over 200%, including the price of Ethereum (ETH) rallying from a region of $1,300 to a high of $1,600 with many hoping the price of ETH would pull off a good price action to a region of $2,000. Still, these expectations were cut short by the uncertainty surrounding the crypto market. ETH’s price is looking weak with the current market issue between Binance and FTX, creating a fear of uncertainty and doubt for most traders and investors. (Data from Binance)

Analiza prețului Ethereum (ETH) pe graficul săptămânal

Săptămâna anterioară, multe alte monede au produs câștiguri de peste 200% în ultimele 7 zile de ieșire din mișcarea lor limitată, deoarece mulți cred că mai multe speranțe revin în spațiul cripto.

The new week has yet to kick in like the last as most altcoins, including ETH affected by the current state of the market as the price of ETH looks shaky, dropping off from their weekly highs.

Still, the price of ETH has continued to look bearish after breaking below its weekly high of $1,450, which has served as a support and demand zone for months now, holding off the price from sell-offs. The price of ETH retesting the support at $1,200 is not good for the market as this would weaken this region for bears to push the price lower. 

The price of ETH needs to rally off this region to look safe and avoid dropping below its weekly lows, as this would affect the general market sentiment. If the price of $1,200 fails to hold, we could see the price of ETH retesting at $1,000 and lower.

Rezistența săptămânală la prețul ETH – 1,400 USD.

Suport săptămânal pentru prețul ETH – 1,200 USD-900 USD.

Analiza prețului ETH pe graficul zilnic (1D).

Graficul zilnic al prețurilor ETH | Sursa: ETHUSDT On Tradingview.com

The price of ETH remains considerably strong in the daily timeframe as the price trades above $1,200 support, holding off the price from trending lower after retesting this region on previous times, bouncing off to begin a rally to a region of $1,500. 

ETH’s price closed above $1,200 on the daily timeframe indicating there are more chances of ETH trending upwards as the market continues to recover in the coming days. 

The price of ETH needs to rally to a region of $1,450 for the price to remain safe temporarily, leading to a relief rally. If the price of $1,200 fails to hold bears, we could see the price going down to a region of $1,000-$900. 

Rezistența zilnică pentru prețul ETH – 1,450 USD.

Suport zilnic pentru prețul ETH – 1,200 USD-900 USD.

Imagine prezentată din zipmex, diagrame din Tradingview 

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