Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K
Balita ng Ethereum ng Bitcoin Ethereum started another decline and tested the $3,120 zone. Ang presyo ay kinakalakal sa ibaba $3,220 at ang 100-oras na Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken). Ang pares ay maaaring magpatuloy sa paglipat pababa kung ito ay mangangalakal sa ibaba ng $3,170 na suporta. Ang Presyo ng Ethereum ay Nakaharap sa Paakyat na Gawain Ethereum price failed to settle above the $3,250 level and started another decline, like Bitcoin. ETH traded below the $3,200 level and even spiked below $3,120. A low was formed at $3,113 and the price is now consolidating. There was a minor increase above the $3,200 level. The price broke the 23.6% Fib retracement level of the recent decline from the $3,355 swing high to the $3,113 low. However, the bears were active near the $3,240 and $3,250 levels. The 50% Fib retracement level of the recent decline from the $3,355 swing high to the $3,113 low acted as a hurdle. There was a fresh decline below the $3,200 level. Ethereum is now trading below $3,200 and the 100-hourly Simple Moving Average. There is also a short-term rising channel forming with support