CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
NewsBTC 2021-08-16 05:08:14

Why Ethereum (ETH) See Another “Liftoff” if It’s Able to Hold One Crucial Level

Ethereum is holding gains above the $3,100 support zone against the US Dollar. ETH price could accelerate further higher if it clears the $3,330 resistance zone. Ethereum started a fresh increase and it even spiked above the $3,300 level. The price is now trading above $3,200 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,165 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless it declines below the $3,120 support zone. Ethereum Price Remains Elevated Ethereum remained stable above the main $3,000 support zone, similar to bitcoin. ETH price broke the $3,200 resistance zone and settled above the 100 hourly simple moving average. It even spiked above the $3,300 level and formed a high at $3,331. Ether is now correcting lower below the $3,300 level. It broke the 23.6% Fib retracement level of the recent increase from the $3,117 swing low to $3,331 high. An initial support on the downside is near the $3,220 level. It is near the 50% Fib retracement level of the recent increase from the $3,117 swing low to $3,331 high. There is also a major bullish trend line forming with support near $3,165 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com On the upside, an initial resistance is near the $3,300 level. The main resistance is now forming near the $3,330 level. A clear break and close above the $3,300 and $3,330 ...

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine