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.
Ethereum баасы узак мөөнөттүү талдоо: аюу
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.
Ethereum Көрсөткүч талдоо
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.
Техникалык көрсөткүчтөр:
Негизги каршылык деңгээл - $ 4,500 жана $ 5,000.
Негизги колдоо деңгээлдери - $ 3,500 жана $ 3,000
Ethereum үчүн кийинки багыт кандай?
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.
Эскертүү. Бул талдоо жана божомол автордун жеке пикири болуп саналат, бул cryptocurrency сатып алуу же сатуу боюнча сунуш эмес, жана CoinIdol тарабынан ырастоо катары каралбашы керек. Каражат салуудан мурун окурмандар изилдөө иштерин жүргүзүшү керек.
Source: https://coinidol.com/eth-consolidates-as-buyers/