Ethereum Swings Back And Forth, Retests The High At $1,300
Ethereum Ethereum Swings Back And Forth, Retests The High At $1,300 12 / 12 / 2022 Balita ng Ethereum ng Bitcoin Disyembre 12, 2022 nang 14:28 // presyo The Ethereum price (ETH) is stuck between the moving average lines and consolidating above the support level of $1,200. Ethereum Price Long Term Analysis: Bearish Since November 30, the Ether price has been hovering below the $1,300 level. Buyers have tried five times to keep the price above the $1,300 high but have been rejected each time. After each rejection, Ether bounces back and falls back above the $1,200 level. As the bulls bought the dips today, Ether has fallen above the current support. The worst case scenario sees Ether falling below support at $1,100 if the bears break below current support. Buyers have been protecting current support since the price rallied on November 30. Pagtatasa ng Indhere ng Ethereum For the 14 period, Ethereum is at the 49 level of the Relative Strength Index. Supply and demand are in balance. The price bars are between the moving average lines, which suggests that the price of Ether is likely to fluctuate within a limited range. The stochastic on the daily chart for Ether is at the 20 level or below. Bearish