Defalcarea intervalului semnalează o corecție mai lungă pentru ETH

Predicția prețului Ethereum: The Prețul Ethereum(ETH). consolidated between the $1300 and $1238 levels for nearly a week. However, the sellers benefited from the current market uncertainty and breached the lower support. This range breakdown releases the bearish momentum and triggers a longer price correction.

Puncte cheie: 

• A bearish reversal from the $1300 resistance may trigger a sideways trend in Ethereum
• The RSI indicator, which accentuates the speed and magnitude of the asset’s recent price, has entered the bearish territory.
• Volumul de tranzacționare intraday în Ether este de 6.1 miliarde de dolari, ceea ce indică un câștig de 21%.

Sursă- Tradingview

The recent recovery in the crypto market pushed the Ethereum price to a high of $1300. Hitting the psychological resistance, the altcoin triggered a minor pullback and retested the flipped support of $1238.

While the market sentiment rămas nesigur, the ETH price continued to wobble between these aforementioned levels and created a narrow range. However, today, the long bearish candle accounted for a 3.35% loss and breached the $1238 support.

The bearish fallout indicates the sellers’ attempt to regain the trend and undermine the recent recovery gains.  Furthermore, the Ethereum price currently trades at $1229 and should offer a daily candle closing to confirm this support breakdown.

This development will accelerate the bearish momentum and plunge the prices 6% down to hit $1160 support.

Valoarea globală de intrare/ieșire a banilor

Sursa - în bloc

Concerning the current Ethereum price, the Global In/Out of the Money (GIOM) on-chain metric indicates that 48.28% of ETH addresses are in the money and realize profits, whereas 46.75% are out of the money address witnessing losses.

However, the aforementioned levels are quite close to being considered as neutral market sentiment,

The nearest green cluster with a mean value of $1016 indicates an area of accumulation; meanwhile, the red cluster with $1362 accentuates a strong resistance.

Indicatorul tehnic

MACD: il MACD and signal lines narrowing reflect the bullish momentum is losing steam. Moreover, a possible bearish crossover between these slopes offers a sell signal

EMA: the Ethereum price loses the 20-day support with the recent price drop, offering an additional confirmation for sellers to lead the prices lower.

Niveluri de preț în cursul zilei Ethereum Coin

• Rata spot: 1229 USD
• Tendință: urs  
• Volatilitate: medie
• Nivel de rezistență - 1300 USD și 1420 USD
• Nivel de suport - 1160 USD și 1100 USD