Ethereum (ETH) is barely moving as it sinks near current support. Ether has been stuck between levels of $1,070 and $1,350 since November 9. Sellers have failed to exert more selling pressure below current support after the initial breakdown on November 9.
A similar setback occurred in buyers’ attempts to restore positive momentum as the largest altcoin fell from its recent high. If the bears break the current level, the cryptocurrency will fall even further. The low above $900 will be reached by the bearish momentum. In contrast, Ethereum will continue to move within its limited range where the existing support holds.
Ethereum rodiklio analizė
On the Relative Strength Index for period 14, Ethereum is at level 39. As it approaches the oversold area, Ether is in a downtrend. The price bars are below Ether’s moving average lines, indicating a possible further decline. Ethereum is above the daily stochastic value of 25. The altcoin is trying to climb upwards.
Techniniai rodikliai:
Pagrindiniai pasipriešinimo lygiai - 2,000 2,500 USD ir XNUMX XNUMX USD
Pagrindiniai palaikymo lygiai - 1,500 1,000 USD ir XNUMX XNUMX USD
Kokia yra kita „Ethereum“ kryptis?
Although buyers are preventing the largest altcoin from crossing the $1,200 support level, selling pressure will soon pick up. In other words, Ethereum is settling above the $1,200 support. If Ethereum rises back above the $1,200 support, the uptrend will resume. The market is expected to rise to its previous highs of $1,400 and $1,600.
Atsisakymas. Ši analizė ir prognozė yra asmeninė autoriaus nuomonė ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip CoinIdol patvirtinimas. Prieš investuodami į fondus skaitytojai turėtų atlikti savo tyrimus.
Source: https://coinidol.com/ethereum-holds-1-200/