Ethereum (ETH) Price Analysis:ETH Struggles below $380 and $390 Resistances, May Reach the High of $425

ʻO Azeez Mustapha

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Nā mea koʻikoʻi koʻikoʻi
Ethereum battles the resistance at $380 and $390 highs
A further upward movement of the coin is expected

Ethereum (ETH) ʻIkepilihelu i kēia manawa
ʻO ke kumu kūʻai o kēia manawa: $ 381.58
Ka Hoʻolālā Nui ʻana o ka mākeke: $ 43,117,889,817
Volume kālepa: $ 12,922,255,056
Nā ʻāpana lako nui: $ 280, $ 320, $ 360
Nā wahi koi koi nui: $ 160, $ 140, $ 100

Ethereum (ETH) ʻIkepili Kūʻai ʻOkakopa 14, 2020
Ethereum is battling the resistances at $380 and $390 to move to the previous highs. Today, buyers push the price to $385 but were resisted as the coin fell to the low at $381 low. The crypto has continued to push into the previous high. On the upside, if buyers push the price above $390 and the momentum is sustained, ETH will rally above $420.

The momentum will extend to the $475 highs. Conversely, if the bulls fail to sustain the current momentum, the bears will break below the $375 support and continue the downward move to the $350 low. However, if the bears break the $350 support it will signal the resumption of the downtrend.

ETH / USD - Nā Helu Kiʻi o kēlā me kēia lā

ʻO ka heluhelu ʻana i nā ʻenehana ETH
The prices bars are above the SMAs, which suggests that the coin will continue to rise to retest the previous highs. However, if the bears break below the SMAs, the upward move will be interrupted. Also, the coin is still above the 80% range of the daily stochastic. It implies that a further downward movement of the coin is expected.

ETH / USD - Pakuhi 4 Hour

Panina
The current upward move of the coin is being hampered because of the resistance at $390. On the October 12 uptrend, the coin was resisted at the $390 high. Nonetheless, the retraced candle body retested the 50% Fibonacci retracement level. This implies that Ethereum will rise and reach the level 2.0 Fibonacci extension level.



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ʻO Azeez Mustapha

He loea kālepa ʻo Azeez Mustapha, mea hoʻopukapuka kālā, mea hoʻolālā hōʻailona, ​​a me ka luna hoʻomalu kālā ma mua o ʻumi mau makahiki o ka ʻike i loko o ka māla kālā. Ma ke ʻano he blog a mea kākau kālā, kōkua ʻo ia i ka poʻe hoʻopukapuka e hoʻomaopopo i nā manaʻo kālā paʻakikī, hoʻomaikaʻi i kā lākou mākau hoʻopukapuka, a aʻo pehea e hoʻokele ai i kā lākou kālā.

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