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Nhazi nkeji 10 nwere nnukwu uru. Enyere akwụkwọ ntuziaka na ịzụrụ.
Ọnụego ịga nke ọma 79%. Nsonaazụ anyị ga-atọ gị ụtọ.
Ruo azụmaahịa 70 kwa ọnwa. Enwere ihe karịrị ụzọ abụọ ise dị.
Ndebanye aha kwa ọnwa na-amalite na £58.
Key isi
Ether resumes downward below $350 support
The coin will reach a low of $312
Ethereum (ETH) Nkọwapụta ugbu a
Ọnụ ego dị ugbu a: $ 348.28
Amụma ahịa: $ 39,309,513,533
Mpịakọta ahia: $ 10,279,076,887
Mpaghara nnweta dị ukwuu: $ 280, $ 320, $ 360
Isi ebe a na-achọkarị: $ 160, $ 140, $ 100
Ethereum (ETH) Nyocha ọnụahịa October 4, 2020
The current breakdown to $335 low was as a result of the rejection at the $370 resistance. The bulls were attempting to reach the previous high at $390 to break above it. Ethereum would have resumed upside momentum above $390 if the bulls were successful.
Also, the bulls fail to hold the support at $350. Nevertheless, the price was corrected upward to retest the $350 and resumed downward. The downward move as been interrupted by the Doji candlestick indicating that the previous trend is losing strength. The price is now consolidating sideways above the $340 support.
An impending transition of Ethereum (ETH) TO ETH 2.0
The impending transition to ETH 2.0 may cause certain difficulties for investors. Recently an application was filed with the regulator to become an SEC reporting company. Such companies will disclose risk factors that will affect their performance. However, the impending upgrade has not distracted the attention of investors’ interest in the fund. The Trust’s assets have increased for the past year, from $67 million to over $800 million at the time of publication. ETH price has also double with the time frame.
Ndị na-egosi nkà na ụzụ na-agụ akwụkwọ
The recent breakdown has made Ether fall into the bearish trend zone. This makes the coin vulnerable to a further downward move.
mmechi
Ethereum downward move has been stalled above $340 support. Eventually, if price breaks above $350, the upward move will resume. Otherwise, a break below $340 will catapult the coin to continue the downward move. A green Candle body tested the 61.8% Fibonacci retracement level. ETH will fall to the 1.618 Fibonacci extension level if the downtrend resumes.
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