The Ethereum (ETH) price extends its correction rally as the coin loses the $3000 support. The sudden pump over last few months in ETH/USD pair has dropped to the 0.786 Fibonacci retracement level, trying to identify sufficient support. However, a death crossover among the crucial EMAs promotes downfall continuation.
Pagrindiniai techniniai punktai:
- The daily-RSI Slope plummeted to the oversold region.
- The 50-and-200-day EMA hints at a bearish crossover
- Dienos prekybos apimtis ETH/USD yra 1.19 mlrd. USD, o tai rodo 3% kritimą.
Šaltinis- Tradingview
Ankstesniame mūsų reportaže Ethereum technical analysis, the ETH/USD pair displayed recovery signs at $3000 support; however, the coin failed to breach the 200-day EMA reverts and continued to drop lower.
The ongoing sell-off in the crypto market formed six consecutive red candles, which devalued the ETH price by more than 28%. The coin price currently trading at 2424% shows a 50% loss from the All-Time High of $4870.
The ETH/USD technical chart shows the 50 and 200 nearing a deathcross, fuels the current bearish sentiment. Moreover, 20 EMA line provides dynamic to ETH price.
The daily-Relative Strength index(43) slope has plunged to the oversold territory,
Will ETH Bulls Sustain The $2400 Mark?
Šaltinis-Tradingview
Šios ETH prices show a free fall with the breakout 0.618 Fibonacci retracement level which halts near the 0.786 Fibonacci retracement level. The coin price struggles to sustain above the $2300 mark: however, the evening star pattern in the 4-hour chart indicates a possible bearish continuation.
The Average Directional Index (53) shows a rise in the falling trend momentum in the 4-hour chart. Therefore, the indicator suggests a high possibility of a downfall below the $2300 mark.
- Atsparumo lygiai - 3000 USD, 3670 USD
- Paramos lygiai yra 2400 ir 2000 USD.
Atsakomybės neigimas
Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.
apie Autorius
Source: https://coingape.com/markets/ethereum-price-analysis-2000-cark-closing-up-as-ethereum-tease-a-death-cross/