Analiza prețului Ethereum: ETH ajunge la 1,425 USD, începe o mișcare rapidă mai sus

Ethereum price analysis is bullish today as we have seen failure to drop further and a quick reversal over the past hours. ETH/USD has also broken past $1,500 resistance, indicating that retracement from the previous push lower has begun.

The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 2 percent, while Ethereum 3.6 percent. Meanwhile, the rest of the top altcoins followed close by.

Ethereum price movement in the last 24 hours: Ethereum fails to break lower

ETH/USD s-a tranzacționat într-un interval de la 1,427.73 USD la 1,524.34 USD, indicând o volatilitate substanțială în ultimele 24 de ore. Volumul tranzacțiilor a crescut cu 20.64 la sută, totalizând 17 miliarde USD, în timp ce capitalizarea totală a pieței se tranzacționează în jurul valorii de 185.75 miliarde USD, rezultând o dominație pe piață de 18.93%.

ETH/USD 4-hour chart: ETH begins to retrace

On the 4-hour chart, we can see the first strong spike above $1,500, indicating that more upside is to follow over the next few days.

Prețul ethereum action saw a strong lower swing high set last week after several days of retracement. Buying pressure stopped at $1,720m leading to further downside later in the week.

Selling continued for several days, leading to the $1,500 as the first stop. After some hesitance, ETH/USD tested even further downside, conducând la 1,425 USD support next.

From there, Ethereum price reversed, likely as sellers were exhausted again. Over the past hours, ETH/USD already broke past previous resistance, indicating that more upside is about to follow.

Analiza prețului Ethereum: Concluzie 

Analiza prețurilor Ethereum is bullish today as we have seen a strong lower swing low set and the first signs of reversal as the $1,500 resistance was broken. Therefore, we expect ETH/USD to continue higher later in the week and look to set another swing lower high.

În timp ce așteptați ca Ethereum să se deplaseze mai departe, vedeți articolele noastre despre cum să cumpărați Litecoin, Filecoin, și Buline.