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Ethereum retraces to the $2,910 support
Ether fell to the oversold region of the market
Ethereum ETH) Estatistik Kouran
Pri aktyèl la: $ 2,937.93
Mache lèt majiskil: $ 343,825,159,518
Volim Komès: $ 28,397,784,483
Gwo zòn ekipman pou: $ 2,800, $ 3,000, $ 3,200
Gwo zòn demann: $ 2400 ,, $ 2,200, $ 2,000
Ethereum (ETH) Analiz Pri 9 Out, 2021
Ethereom is falling after reaching a high of $3,172. As the biggest altcoin retraces, it will fall to the next support. Ether is likely to retrace to the support above $2,900. Before the recent fall, crypto has been trading in the overbought region of the market. Nonetheless, if the current support holds, the altcoin will commence the resumption of an upward move.
Lekti Endikatè teknik ETH
Ether has fallen to level 67 of the Relative Strength Index period 14. It was overbought at the high of level 80 of the Relative Strength Index period 14. The crypto has retraced to the bullish trend zone. The altcoin is below the 25% range of the daily stochastic. The biggest altcoin has fallen to the oversold region of the market. Buyers are likely to resume upward.
konklizyon
Ethereum is in a downward move. The altcoin fell after rejection from the recent high. Meanwhile, on August 8 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that Ethereum will fall to level 2.618 Fibonacci extensions or level 2874.22
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