Ethereum Hovers above $2,000 Support as Bears Threaten to Short - BitcoinEthereumNews.com
The price of Ethereum (ETH) is falling as it faces rejection at the $2,200 resistance zone. In the last three days, buyers pushed the Ether price to the previous highs. The Ether price tested the $2,200 resistance level again, but failed to overcome it. n The price level of $2,200 was the previous support from May 10. Ether could have rallied to the high of $2,900 if the resistance level was broken. Nevertheless, the altcoin is falling as it is rejected from its recent high. On the downside, Ether will trade in a range between $1,763 and $2,200 if the current support holds. On the downside, the downtrend will resume if the bears fall below the previous low at $1,763. n एथेरियम सूचक विश्लेषण n The cryptocurrency is at level 31 of the Relative Strength Index for the period 14. The largest altcoin is trading in the oversold region of the market. The cryptocurrency is below the 40% area of the daily stochastic. This indicates that the market is in a bearish momentum. Ether is falling after being rejected at the $2,200 resistance zone. n अस्वीकरण। यह विश्लेषण और पूर्वानुमान लेखक की व्यक्तिगत राय है और क्रिप्टोकुरेंसी खरीदने या बेचने की सिफारिश नहीं है