Ethereum (ETH) Priisanalyse: Ether sakket, kin net boppe $ 3,360 heech hâlde

Azeez Mustapha

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Key Hichtepunten
Ethereum falt nei $ 3,080 leech
Ether reaches oversold region as buyers emerge

Ethereum ETH) Aktuele statistiken
De hjoeddeistige priis: $ 3,132.83
Marktkapitalisaasje: $ 367,328,570,643
Hannelsvolumint: $ 19,435,893,826
Wichtige leveringssônes: $ 3,000, $ 3,500, $ 4,000
Wichtige fraachsonen: $ 2,500, $ 2,000, $ 1,500

Ethereum (ETH) Priisanalyse 25 augustus 2021
Hjoed, Ethereum (ETH) price has dropped to $3,080 low as bulls buy the dips. The current decline was because buyers fail to push Ether above the $3,360 resistance level. The bulls have reached the recent high, retested it before the downward move. The selling pressure has subsided as the altcoin finds support above $3,080 or above the 21-day SMA.

ETH / USD - Deistige grafyk

ETH Technyske yndikatoaren lêze
The crypto’s price bars are above the 21-day SMA and 50-day SMA which suggests the crypto will rise upward. A break below the SMAs will mean downward movement prices. Also, it is at level 56 of the Relative Strength index period 14. It indicates that the market is in the bullish trend zone and above the centerline 50. ETH/USD is below the 20% range of the daily stochastic. It indicates the altcoin has reached the oversold region. Buyers will emerge soon to push prices upward.

Konklúzje
Ethereum is in a downward movement as it fell to the oversold region. It appears the selling pressure has subsided as the bullish candlesticks appear. Meanwhile, on August 24 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the market will fall but reverse at level 1.272 Fibonacci extensions or level $3,086.11. From the price action, the crypto has fallen and revisited the level 1.272 Fibonacci extension. The altcoin is now resuming upward

ETH / USD - Grafyk fan 3 oeren

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Azeez Mustapha

Azeez Mustapha is in hannelsprofessor, faluta -analyst, sinjalenstrategist, en fûnsbehearder mei mear dan tsien jier ûnderfining op finansjeel mêd. As blogger en auteur foar finânsjes helpt hy ynvestearders komplekse finansjele konsepten te begripen, har ynvestearingsfeardigens te ferbetterjen en te learen hoe't se har jild kinne behearje.

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