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Key Hichtepunten
Ethereum bulls buy the dips at the low of $538.50 low
The biggest altcoin resumes upside momentum as price rises to $560
Ethereum (ETH) hjoeddeistige statistiken
De hjoeddeistige priis: $ 567.16
Marktkapitalisaasje: $ 64,648,471,067
Hannelsvolumint: $ 15,067,006,909
Wichtige leveringssônes: $ 280, $ 320, $ 360
Wichtige fraachsonen: $ 160, $ 140, $ 100
Ethereum (ETH) Priisanalyse 9 desimber 2020
Yesterday, Ether faces resistance at the $620 resistance zone as the coin fell to $538 low. Immediately, the bulls buy the dips to push the altcoin to the previous highs. Today, Ethereum has risen to a high of $568 at the time of writing.
The upside momentum is likely to resume if the price is sustained above $560. The upside range is between $560 and $620 until a breakout is achieved. Meanwhile, the upward move is facing resistance at the $580 and $590. The candlesticks are displaying long wicks. These long wicks indicate that there is strong buying pressure at a higher price level.
ETH Technyske yndikatoaren lêze
De altcoin is op nivo 54 fan 'e Relative Strength-yndeksperioade 14. It jout oan dat de munt yn' e uptrend-sône is en boppe de sintrumline 50. De priisbalken binne boppe de SMA's dy't in fierdere opkommende beweging oanjout.
Konklúzje
According to the Fibonacci tool, Ethereum is likely to move up but the uptrend will be shortlived. On November 30 uptrend; a retraced candle body tested the 78.6 % Fibonacci retracement level. This indicates that the Ether will rise and reverse at level 1.272 Fibonacci extension. That is the altcoin will reverse at $677.17.
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