Ethereum sòti nan yon mwa ki dire konsolidasyon

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The cost of the second-largest virtual currency, Ethereum, is at $1.450, up 8.5% over the previous day. For over a month, the ETH market has lurked in consolidation between $1.405 and $1.240. Although it’s too soon to say whether ETH has permanently left that trading range, this is the first time the price of the coin has reached these levels since the historic ‘Merge’ on September 15.

The rebound in ETH prices is likely a result of general market conditions. For the third day in a row, the S&P 500, Nasdaq, and Dow Jones all gained 1.32%, 1.86%, and 0.86%, respectively. For the majority of the year, the cryptocurrency market and the stock market have exhibited a strong link.

Key Ethereum Levels to Watch – October 26

Ethereum reversed with the aid of a triple bottom from the $1006.50 demand level in July. Bulls pumped the price to the supply level at $2012.50.Ethereum sòti nan yon mwa ki dire konsolidasyon

Ethereum experienced a shift in the market in August. The Moving Average period nine dived below the Moving Averages period twenty-one after the resistance level at $2012.50 was struck.

The market has taken off from the $1260.60 support level to the bearish order block at $1600.0. The Moving Averages have crossed to support the bullish run. The market has experienced a breakout above the bearish channel. The bulls seek to attack $1767.80.

Nivo kle Ethereum
Nivo Rezistans: $ 1767.8.00, $ 1900.00, $ 2012.50
Nivo Sipò: $ 1260.60, $ 1006.50, $ 900.00

Total kapitalizasyon sou mache: $181.6B
Ethereum Coin Market Capitalization: $181.5B
Ethereum Volume: 33.2B
Market Rank: # 2

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Azeez Mustapha

Azeez Mustapha se yon pwofesyonèl komès, analis lajan, siyal stratèj, ak manadjè lajan ki gen plis pase dis ane eksperyans nan nan jaden finansye a. Kòm yon blogè ak otè finans, li ede envestisè yo konprann konsèp konplèks finansye, amelyore ladrès envestisman yo, epi aprann kijan pou jere lajan yo.

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