ETH Price Struggles Near $2,800; Is $2,600 Possible? - BitcoinEthereumNews.com
Pinagmulan: View ng kalakalan On the daily chart, the ETH price has formed a strong base foundation around $2,400 extending from January 24 to February 23. Since February 24, the price surged nearly 45% to test the swing highs at around $3,581.60. However, the bulls lack the conviction to carry forward the gains and retreated to test the lows near $2,770. We expect a resurgence in the buying pressure from the reliable support zone could push the price higher. In doing so, the first challenge would be the critical 200-day EMA at $3,135.50 followed by the highs of April 6 at $3,408. On the contrary, if the price failed to sustain the sessions low it would trigger a key level to initiate a fresh round of selling. The sellers would drag the price to the lows of March 16 at $2,604.32. Sa oras ng press, ang ETH/USD ay nakikipagkalakalan sa $2,827.20, tumaas ng 0.36% para sa araw. Teknikal tagapagpahiwatig: RSI: The Relative Strength Index (RSI) is hovering below the average line since April 5. Still, there is no sign of immediate reversal. MACD: The Moving Average Convergence Divergence oscillates below the neutral line with receding bearish momentum. Nagsimula si Rekha bilang Forex market analyst. Pagsusuri ng mga pangunahing