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Ifojusi
Ethereum price faces rejection at level $3,640
Ether falls to the oversold region of the market
Ethereum ETH) Awọn iṣiro lọwọlọwọ
Iye owo lọwọlọwọ: $ 3,406.22
Iṣowo Ọja:
Iwọn Iwọn iṣowo: $ 16,108,502,877
Awọn agbegbe ipese pataki: $ 3,000, $ 3,500, $ 4,000
Awọn agbegbe eletan pataki: $ 2,500, $ 2,000, $ 1,500
Ethereum (ETH) Onínọmbà Iye Oṣu Kẹwa Ọjọ 10, Ọdun 2021
Ethereum’s (ETH) price rallied to $3,600 high on October 6 but was compelled to a sideways move. The bulls find penetration difficult at the recent high as the altcoin was repelled. Ether is retracing to the support above the 50-day line SMA. If it finds support above the 50-day SMA, the uptrend will resume. However, if the crypto’s price breaks below the moving averages, the selling pressure will resume.
Awọn Ifihan Imọ-ẹrọ ETH kika
Ether is at level 54 of the Relative Strength index period 14. The altcoin is still in the uptrend zone and capable of a further upward move. Ether has fallen below the 20% range of the daily stochastic. It indicates that the market is in a bearish momentum. As Ether reaches the oversold region, buyers are likely to emerge.
ipari
On the 4-hour chart, Ethereum was previously consolidating below the $3,640 resistance. The selling pressure has resumed as the coin faces resistance at the recent high. Meanwhile, on October 8 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that Ether will fall to level 2.0 Fibonacci extension or level $3,405.79. From the price action, the market has fallen to the low of $3,452 at the time of writing.
O le ra awọn owó crypto nibi. Ra Awọn ami
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