ETH bulls hold above $1,600, with traders undecided on the next steps – Cryptopolitan
Ethereum Ang mga toro ng ETH ay may hawak na higit sa $1,600, kung saan ang mga mangangalakal ay hindi nagpasya sa mga susunod na hakbang – Cryptopolitan 2 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Ethereum price analysis for today reveals ETH price action in the recent hours shows an upward trend, as ETH bulls hold above the $1,600 level. The daily chart is showing an uptrend line that is preventing a pullback from occurring. The 50-period moving average (MA) and 200-period MA are close to each other at $1,627 while the EMAs (Exponential Moving Averages) are still in a bullish configuration. The Relative Strength Index is currently at 65, which suggests that the buyers have good control over this market. Mapa ng init ng presyo ng Cryptocurrencies, Pinagmulan: Coin 360 The major hurdle for ETH bulls lies ahead at $1,700, and if it gets taken out then we could see further upside towards $2,000. The 4-hour chart of ETH/USD is showing a bullish flag pattern. The flag pattern will be confirmed when the price breaks above the $1,700 resistance. On the downside, strong support lies at $1,550 and a clear break below this level could trigger some sort of correction in ETHs price. Ethereum