Ethereum Reaches Oversold Region as Altcoin Hovers Above $2,800 - BitcoinEthereumNews.com
The price of Ethereum (ETH) is in a downtrend as the largest altcoin has fallen to a low of $2,805. एथेरम मूल्य दीर्घकालिक विश्लेषण: मंदी Ether is falling as a result of the rejection of the high at $3,170. The altcoin retested the resistance level twice, which led to the formation of a bearish double top. Selling pressure is likely to extend to the support low at $2,700. Currently, the altcoin is trading above the immediate support at $2,800 and selling pressure will resume if the price falls below the support at $2,800. On the other hand, if the current support holds, it would be a sign of resumption of the uptrend. Ether is trading at $2,805 at the time of writing. तकनीकी संकेतक: प्रमुख प्रतिरोध स्तर – $4,500 और $5,000। प्रमुख समर्थन स्तर – $3,500 और $3,000 Where does Ethereum go from here? Ethereum is in a downtrend as the altcoin has reached the low of $2,805. Meanwhile, the downtrend from April 11, a retraced candle, tested the 61.8% Fibonacci retracement level. The retracement suggests that Ethereum will fall to the 1,618 Fibonacci Extension level or $2,738. 69. the altcoin is moving above the $2,815 support. अस्वीकरण। यह विश्लेषण और पूर्वानुमान लेखक की व्यक्तिगत राय