Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term.
- Ethereum started a major decline below the $1,320 and $1,250 levels.
- Азыр баасы 1,250 100 доллардан жана XNUMX сааттык жөнөкөй орточо көрсөткүчтөн төмөн болуп жатат.
- ETH / USD сааттык диаграммасында $ 1,200 жакын каршылык көрсөтүүчү чоң аюндуу тренд линиясы бар (Кракен аркылуу маалымат берүү).
- The pair is recovering, but upsides might be limited above the $1,200 resistance zone.
Ethereum Price Dives Over 15%
Ethereum remained in a bearish zone after it settled below the $1,500 level. ETH broke many important support zones near $1,300 to move further into a negative zone.
The price gained pace below the $1,300 and $1,250 support levels. It even settled below the $1,200 level and the 100 hourly simple moving average. Ether price traded as low as $1,070 and recently started an upside correction, similar to bitcoin.
There was a minor increase above the $1,120 resistance level. The price is now trading above $1,150 and facing many hurdles. An immediate resistance on the upside is near the $1,190 level. There is also a major bearish trend line forming with resistance near $1,200 on the hourly chart of ETH/USD.
The trend line resistance is near the 23.6% Fib retracement level of the recent drop from the $1,580 swing high to $1,070 low. The next major resistance is near the $1,240 level. A clear break above the $1,240 resistance could set the pace for a decent increase.
Source: TradingView.com сайтындагы ETHUSD
In the stated case, the price could rise to the $1,320 level. It is near the 50% Fib retracement level of the recent drop from the $1,580 swing high to $1,070 low. Any more gains might send the price toward the $1,400 resistance zone.
ETH жоготуулар көбүрөөк болобу?
Эгерде ethereum 1,240 долларлык каршылыктан жогору көтөрүлө албаса, анда ал ылдыйлай бериши мүмкүн. Төмөн жагындагы баштапкы колдоо $ 1,120 деңгээлине жакын.
The next major support is near the $1,070 level, below which ether price may perhaps extend losses. In the stated scenario, the price could decline towards the $1,000 support zone in the near term.
техникалык көрсөткүчтөр
Карты MACD - ETH / USD үчүн MACD азыр лүкүлдөш зонасында күчүн жоготууда.
Карты RSI - ETH / USD үчүн RSI азыр 50 деңгээлинен төмөн.
Негизги колдоо Даража - $ 1,120
Негизги каршылык Даража - $ 1,240
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-approaches-1000/