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Key Hichtepunten
Ether is in a sideways trend for the past five days
Possibly a breakout is imminent
Ethereum (ETH) hjoeddeistige statistiken
De hjoeddeistige priis: $ 356.80
Marktkapitalisaasje: $ 40,249,317,062
Hannelsvolumint: $ 11,822,143,664
Wichtige leveringssônes: $ 280, $ 320, $ 360
Wichtige fraachsonen: $ 160, $ 140, $ 100
Ethereum (ETH) Priisanalyse 30 septimber 2020
Following its recent rebound on September 24, Ether has been trading below the $370 resistance. Ether price has been stuck in the resistance zone for the past five days. The bottom line is that if buyers break the resistance zone and push price above $390, Ethereum will be out of downward correction. Perhaps, the upside momentum will resume. Conversely, if the coin faces rejection at the current resistance, the market will fall. The bears may attempt to sink the coin to its previous low at $310.
ETH Technyske yndikatoaren lêze
The price is still below the EMAs which suggests that the coin is not likely to rise. Rather, it may fall or the price fluctuations will continue. The coin is at level 47 of the Relative Strength Index period 14. That is, the coin is in the downtrend zone and below the centerline 50.
Konklúzje
It is not certain the direction of price movement as the coin has been range-bound for the past five days. The Fibonacci tool analysis will hold if Ether falls and price breaks the critical support at $310. The market will continue its fall towards the 1.272 Fibonacci extension or $260 low.
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