Објављено пре 17 сати
Етереум (ЕТХ) chart shows a five-day losing streak which undermines last week’s recovery rally. Furthermore, the falling price potential breakdown from $1000 psychological level, indicating the sellers attempt for another leg down.
Кључне тачке:
- Sustained selling should lead ETH price to $900.
- The Bollinger Band indicator’s midline gives constant resistance to ETH price.
- The intraday trading volume in Ethereum is $12.3 Billion, indicating an 11% loss.
Извор- Традингвиев
A drastic fall from early May to mid-June plunged the ETH/USDT pair to a low of $896.6. Having said that, the weekly candle managed to close above the combined support of $1100 and the 0.786 Fibonacci retracement level amid the recent relief rally.
However, the recent news regarding the crypto hedge fund Капитал с три стрелице plummeting into liquidation has brought significant selling pressure on the crypto market. As a result, the ETH price reverted from the $1272 mark and initiated a downward approach.
The V-top reversal plunged the altcoin by 18.3%, which currently trades at $1032. Furthermore, the five consecutive red candles in the daily chart represent aggressive selling, challenging the $1000 support.
Thus, a daily-candle closing below the $1050-$1000 support would extend the downward spiral to June low support of $900-880.
However, the safe traders can wait for a weekly candle closing below $1100 to confirm a bearish breakdown.
Технички индикатор-
Since early April, the Bollinger Band indicator’s midline has acted as dynamic resistance for ETH price. Moreover, a recent reversal from the neutral slope indicates the sellers are in command.
A vortex indicator shows a bearish crossover of the VI+ and VI- lines, providing an extra edge for short-sellers. The expected spread between these lines should validate the sellers’ commitment to this downfall.
- Ниво отпора - 1300 долара и 1424 долара
- Ниво подршке - $1000 и $880
Представљени садржај може садржати лично мишљење аутора и подложан је тржишним условима. Истражите тржиште пре него што инвестирате у крипто валуте. Аутор или публикација не сноси никакву одговорност за ваш лични финансијски губитак.
Source: https://coingape.com/markets/eth-price-analysis-is-ethereum-dropping-to-three-digits/