ETH Price Hovers Near $3,000; Buy or Hold? - BitcoinEthereumNews.com
स्रोत: ट्रेडिंग व्यू Looking at the technical chart, the ETH price continued to slope down since the begining of April resulting in the dreadful opening on Monday. Additionally, the second-largest cryptocurrency consolidates in a short-term trading range of $2,220 and $3,400 as the New Year begins. However, the lows have been rising from $2,200 to $2,800, the upside is capped near $3,400. Thus, making a crucial level to trade. ETH price attempted to breach the level on April 2 after the consolidation for three-session, the price fell back inside the trading range. The price taken the support near the ascending trend line on the daily chart, as a result an immediate bounce back toward $3,050 could be anticipated. This coincides with the upper trend line. An acceptance above the bearish slop line would pave the way toward the upside boundary place at $3,450. Further, an extended move toward the horizontal resistance line canot be rule out. Alternatively, a daily close below the low of the session would further drag the price to retest $2,500. The Relative Strength Index (RSI) is trading at 46 oscillating near the average line. As of writing, ETH/USD is trading at $3,003 down 0.16% for the day. As per the CoinMarketCap, the