On February 4, the price of Ethereum (ETH) rose back above $2,674 support as the altcoin climbed to a high of $3,074.
In the previous price action, the largest altcoin struggled below the high of $2,800, and Ethereum was expected to rise to $3,450 if the bulls overcome the resistance at $2,800. Today, Ether traded and reached a high of $3,074.
It is approaching the resistance zone of $3,200 where it will meet the fierce resistance of the bears. If the bulls overcome this level, the market will rise to the high of $3,450. Conversely, if Ether deviates from its recent high, the market will drop to $2,800 or $2,600. Currently, the altcoin is moving above the $3,000 support.
Analiza indicatorului Ethereum
Ether is at level 56 of the Relative Strength Index for the period 14. The largest altcoin is in the uptrend zone and is capable of further upward movement. The price of the cryptocurrency is above the 21-day moving average line, but below the 50-day moving average line, indicating a possible movement within a certain range. The altcoin is above the 80% area of the daily stochastic. Ether is trading in the overbought zone as the altcoin is capable of falling from its recent high. A bullish trend line indicates the support levels of the prices. The downtrend will resume when the uptrend line is broken.
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 gentle uptrend. The price of Ether is forming a series of higher highs and higher lows. The moving averages of the 21-day line and the 50-day line are up, indicating an uptrend. Selling pressure will resume if the price falls below the moving averages.
Declinare de responsabilitate. Această analiză și prognoză sunt opiniile personale ale autorului și nu reprezintă o recomandare pentru cumpărarea sau vânzarea de criptomonede și nu ar trebui privite ca o aprobare de către CoinIdol. Cititorii ar trebui să facă cercetările înainte de a investi fonduri.
Sursa: https://coinidol.com/ethereum-hovers-3000-support/