The price of Ethereum (ETH) is in a downward correction, consolidating between the $2,600 and $2,800 levels. The earlier downtrend has weakened after the altcoin fell to a low of $2,306 on February 24.
Дугорочна анализа цене Етхереум: медведа
Bulls bought the dips as ETH price resumed consolidation above $2,600 support. The largest altcoin will resume its upward momentum if buyers keep the price above the moving averages. If the bulls break through the resistance at $2,800, Ether can also rise again. However, if buyers fail to break above the recent highs, Ether will continue to consolidate above the $2,600 support. But sellers will also try to break below the $2,600 support. This already happened on February 24, when the bulls bought the dips.
Анализа показатеља етреума
Ether is at level 42 of the Relative Strength Index for the period 14. The altcoin is in a downtrend area and below the midline 50. Moreover, Ether’s price is below the moving averages, which makes it vulnerable to a decline. Ether is above the 25% area of the daily stochastic. It has previously fallen into the oversold area of the market. Buyers are emerging to push the altcoin higher.
Технички индикатори:
Ključni nivoi otpora - 4,500 i 5,000 dolara.
Кључни нивои подршке - 3,500 и 3,000 долара
Који је следећи правац за Етхереум?
Ether is in the oversold region of the market. ETH /USD is picking up after the recent decline. Meanwhile, on February 22, the downtrend; a retracement candlestick tested the 78.6% Fibonacci retracement level. The retracement indicates that ETH will fall but will reverse at the 1,272 Fibonacci extension level or $2,333.02. The price movement shows that Ether reversed at the level of the 1,272 Fibonacci extension.
Изјава о одрицању одговорности. Ова анализа и прогноза су лична мишљења аутора, нису препорука за куповину или продају крипто валуте и не треба је сматрати одобрењем компаније ЦоинИдол. Читаоци треба да истражују пре улагања средстава.
Source: https://coinidol.com/eth-consolidates-as-buyers/