Ethereum extended its decline below the $2,200 support zone against the US Dollar. ETH price is showing bearish signs and it might dive further towards $2,000.
- Ethereum is down over 10% and it even spiked below the $2,100 support zone.
- Prețul se tranzacționează acum sub suportul de 2,200 USD și media mobilă simplă de 100 de ore.
- Există o linie de tendințe marcante, cu o rezistență de aproape 2,200 USD pe graficul orar al ETH / USD (flux de date prin Kraken).
- The pair could correct higher, but sellers are likely to remain active near the $2,200 zone.
Prețul Ethereum extinde pierderile
There was no major recovery in ethereum above the $2,300 level. ETH remained in a bearish zone and it broke the main $2,200 support zone to move further into a bearish zone, similar to Bitcoin.
The price even declined below the $2,150 support and it settled below the 100 mediu mobil orar orar. There was a spike below $2,100 and the price tested $2,050. A low is formed near $2,049 and the price is now correcting losses.
It climbed above the $2,100 resistance. There was a break above the 23.6% Fib retracement level of the recent decline from the $2,406 swing high to $2,049 low. It is now testing a connecting bearish trend line with resistance near $2,150 on the hourly chart of ETH/USD.
Sursa: ETHUSD pe TradingView.com
An immediate support is near the $2,100 level. The first key support is near the $2,050 level. The main support is now near the $2,000 zone. If there is a downside break below the $2,000 support zone, there is a risk of a sharp decline. The next major support is near the $1,850 level.
Upsides Limited in ETH?
If Ethereum stays above the $2,050 support, it could correct higher in the near term. An initial resistance is near the $2,150 level.
The first key resistance could be $2,180. The next major resistance is near the $2,200 level and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $2,200 on the same chart. Any more gains could lead the price towards the $2,300 level in the near term.
Indicatori tehnici
Opt MACD - MACD pentru ETH / USD câștigă acum ritm în zona în vogă.
RSI pe oră - RSI pentru ETH / USD este în prezent aproape de nivelul 50.
Nivel major de suport - $ 2,050
Nivelul major de rezistență - $ 2,200
Source: https://www.newsbtc.com/analysis/eth/ethereum-turns-red-2k/
