Iată de ce acest model grafic poate împinge prețul Ethereum la 1000 USD

Earlier today, the crypto market witnessed an aggressive sell-off, in response to the correlation with the US market. However, as the panic selling eased off, the Ethereum price showed a strong rebound from the lower support trendline. Thus, the coin price continues its range-bound rally within a symmetrical triangle pattern.

Puncte cheie: 

• The bearish breakdown from the support trendline will resume the prevailing downtrend.
• The Ethereum price is trading below the major EMAs (20, 50, 100, and 200) that serve as multiple hurdles for bullish recovery.
• Volumul de tranzacționare pe parcursul zilei în Ethereum este de 11.1 miliarde USD, ceea ce indică un câștig de 28.7%. 

Sursă- Tradingview

The crypto market has faced high volatility since last month caused by the release of high CPI data, fear of a higher interest hike from the Fed, and now the recent sell-off in the global market. However, even though this macro event puts significant pressure on the crypto coins, it seems the Ethereum price is strictly following a single pattern structure.

The daily technical chart shows the Ethereum price forms a model triunghi simetric. In theory, it is a continuation pattern and favors the resumption of the prior trend, which in our case, is bearish. However, the possibility for the triangle’s upside breakout isn’t nil. 

Thus, until the price remains within this triangle, the ETH/USDT pair will suffer uncertainty.

As of now, the Ethereum price currently trades at $1299 with an intraday gain of $1.32. Thus, the buyers have completely offset the earlier sell-off and rebounded the price from the pattern’s support trendline.

Thus, a new bull cycle indicated within the pattern should push the prices to hit the overhead trendline. Anyhow, Thus, an actual breakout of the triangle from any side will give additional confirmation for tendințe viitoare.

indicator tehnic-

EMA: the 20-day EMA offers dynamic resistance to assist sellers in maintaining the price pattern.

Indicele de putere relativă: rasaritul Panta RSI indicates the growth in bullish momentum. Thus, the buyers have an extra edge in breaking the overhead resistance trendline.

Nivelurile de preț intraday Ethereum

• Preț spot: 1297 USD
• Tendință: lateral
• Volatilitate: ridicat
• Nivel de rezistență - 1400 USD și 1550 USD
• Nivel de suport - 1200 USD și 1000 USD