Ukuhlaziywa Kwentengo ye-Ethereum: I-Ethereum Iyaguquguquka Ngaphezulu Kwe-$380, I-Uptrend Ayiqinisekile

U-Azeez Mustapha

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Amaphuzu avelele
Ethereum has retraced to $380 low
The coin is consolidating above the current support

Izibalo ze-Ethereum (ETH) Zamanje
Intengo yamanje: $ 390.07
Ukutshalwa Kwezimakethe: $ 43,803,253,846
Ivolumu yokuhweba: $ 9,147,707,922
Izindawo ezinkulu zokuhlinzeka: $ 280, $ 320, $ 360
Izindawo ezifunwa kakhulu: $ 160, $ 140, $ 100

Ukuhlaziywa Kwamanani e-Ethereum (ETH) Agasti 23, 2020
Ethereum is trading at $389 at the time of writing. Since August 21, the coin has been consolidating above $380 support. The current support is holding as sellers are unable to break the support since August 1.

The upward move is likely to resume since the support is holding. A strong bounce above the support will propel the price to resume the upward move. A retest at $440 is likely. If price breaks the resistance, Ether will rise to $480 high. On the other hand, where the bulls fail to break the resistance, ETH may fall or be compelled to a sideways move.

I-ETH / i-USD - Ishadi le-Daily

Izinkomba Zezobuchwepheshe ze-ETH Ukufunda
Ether price has fallen and found support above 26-day EMA. The downtrend will resume if the price breaks below the EMAs. The coin is at level 52 of the Relative Strength Index period 14. It indicates the price is in the uptrend zone and likely to rise.

I-ETH / i-USD - Ishadi le-Daily

Cukukhishwa
For now, the price action is still the same. The coin will rise and retest the $440 resistance. The uptrend is still intact. The volatility is low as the price movement is insignificant. Nonetheless, the crypto is consolidating above $380 support.


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U-Azeez Mustapha

U-Azeez Mustapha uchwepheshe wezohwebo, umhlaziyi wezimali, osayinisa amasu, kanye nomphathi wezezimali onolwazi olungaphezulu kweminyaka eyishumi emkhakheni wezezimali. Njengombhali we-blogger kanye nezezimali, usiza abatshalizimali ukuthi baqonde imiqondo eyinkimbinkimbi yezezimali, bathuthukise amakhono abo okutshala imali, futhi bafunde nokuphatha imali yabo.

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