Uhlalutyo lwexabiso le-Ethereum (ETH): I-Ether iyancipha, ijongene nokugatywa kwi-$ 4,300 ephezulu

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Iimbalasane
Ethereum faces rejection at $4,300 high
I-Ether ifikelela kwindawo ethengwe kakhulu

I-Ethereum ETH) Izibalo zaNgoku
Ixabiso langoku: $ 4,398.15
Intengo yeNtengiso: $ 522,428,108,814
Umthamo wokuThengisa: $ 19,792,546,565
Iindawo ezinkulu zokubonelela: $ 4,000, $ 4,500, $ 5,000
Iindawo ezifuna kakhulu: $ 3,500, $ 3,000, $ 2,500

Uhlalutyo lwamaxabiso e-Ethereum (ETH) ngo-Disemba 8, 2021
I-Ethereum (i-ETH) price is breaking above the moving averages. Ether is rising as buyers attempt to sustain the bullish momentum above the $4,397 high. If the bulls are successful, the bullish momentum will extend to the high of $4,800. Conversely, if Ether faces rejection at the recent high, the altcoin will fall and revisit the previous low at $4,080. A break below the previous low will cause Ether to the low of $3,400.

Iimpawu zezoBugcisa ze-ETH Ukufunda
Ethereum is at level 51 of the Relative Strength Index for period 14. It indicates that there is a balance between supply and demand. The crypto’s price is above the 21-day and 50-day moving average lines indicating a possible movement of prices. The biggest altcoin is now in the uptrend zone and capable of rising. Ethereum is above 80% area of the daily stochastic. The altcoin has reached an overbought region of the market. Sellers are likely to emerge in the overbought region.

isiphelo
On the 4 hour chart, Ethereum is in an uptrend. The biggest altcoin is breaking above the $4,300 resistance level. Meanwhile, on December 5 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Ether will rise to level 2.0 Fibonacci extensions or $4,668.05.

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