Uhlalutyo lwamaxabiso e-Ethereum (ETH): I-Ethereum ibuyela kwiNkxaso ye-3,353 ye- $, Uptrend ngokunokwenzeka

UAzeez Mustapha

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Iimbalasane
Ethereum price will fall to the oversold region at $3,353
Ether upward move is likely

I-Ethereum ETH) Izibalo zaNgoku
Ixabiso langoku: $ 3,356.06
Intengo yeNtengiso: $ 394,936,042,777
Umthamo wokuThengisa: $ 14,968,239,414
Iindawo ezinkulu zokubonelela: $ 3,000, $ 3,500, $ 4,000
Iindawo ezifuna kakhulu: $ 2,500, $ 2,000, $ 1,500

Uhlalutyo lwamaxabiso e-Ethereum (ETH) nge-Okthobha 3, 2021
Ixabiso le-Ethereum (ETH) has broken above the moving averages. This is an indication of further upward movement of the altcoin. Presently, the altcoin is facing rejection at the $3,480 high. The retracement has fallen below the 20% range of the daily stochastic. It implies that the coin has fallen to the oversold region of the market. In other words, the selling pressure has reached bearish exhaustion. Buyers will emerge to push the altcoin upward. On the daily chart, if price retraces and finds support above the 50-day SMA, the upward move may resume.

I-ETH / i-USD - Itshati yemihla ngemihla

Iimpawu zezoBugcisa ze-ETH Ukufunda
Presently, ETH’s price bars are above the 21-day and 50-day SMAs which indicates a further rise of the coin. Ether is at level 54 of the Relative Strength index period 14. It indicates that the coin is in the uptrend zone and above the centerline 50. The altcoin is capable of rising on the upside. Ether is below the 20% range of the daily stochastic. It indicates that the market has reached bearish exhaustion. Buyers are expected to emerge in the oversold region.


isiphelo
On the 4-hour chart, Ethereum has fallen to the oversold region. The selling pressure may have ended. Meanwhile, on October 3 downtrend; a retraced candle body tested the 78.6 % Fibonacci retracement level. The retracement indicates that Ether will fall but reverse at level 1.272 Fibonacci extension or level $3,353.03.

ETH / USD - 1 Itshathi yeYure


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UAzeez Mustapha

U-Azeez Mustapha yingcali kwezorhwebo, umhlalutyi wemali, umhleli weempawu, kunye nomphathi wezezimali ngaphezulu kweminyaka elishumi yamava kwicandelo lezemali. Njengombhali webhlog kunye nombhali wezemali, unceda abatyali mali baqonde iikhonsepthi ezintsonkothileyo zemali, ukuphucula izakhono zabo zotyalo-mali, kunye nokufunda ukulawula imali yabo.

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