Ethereum Price Looks Set For Another Leg Over $2K
Ethereum is consolidating and facing resistance near the $1,925 level. Ang presyo ay nakikipagkalakalan sa itaas ng $1,850 at ang 100-oras na Simple Moving Average. Mayroong isang pangunahing pagkontrata ng tatsulok na bumubuo na may pagtutol malapit sa $ 1,920 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken). The pair could rally again if it clears the $1,925 resistance. Ang Ethereum Presyo ay mananatiling suportado Ethereums price started a fresh increase from the $1,800 support zone. ETH gained pace and was able to settle above the $1,850 resistance zone, similar to Bitcoin. The upward move was such that the price even cleared the $1,880 resistance. A high is formed near $1,940 and the price is now consolidating gains. It is trading near the 50% Fib retracement level of the recent increase from the $1,873 swing low to the $1,940 high. Ether price is also well above $1,850 and the 100-hourly Simple Moving Average. Besides, there is a key contracting triangle forming with resistance near $1,920 on the hourly chart of ETH/USD. Pinagmulan: ETHUSD sa TradingView.com Immediate resistance is near the $1,925 level and the triangle region. A close above the $1,925 level might start a fresh rally. In the stated case, the price