Ethereum price analysis: ETH consolidates around $1,266.74 as bulls strive to push prices higher
Ethereum Pagsusuri ng presyo ng Ethereum: Ang ETH ay pinagsama-sama sa paligid ng $1,266.74 habang ang mga toro ay nagsusumikap na itulak ang mga presyo nang mas mataas 12 / 08 / 2022 Balita ng Ethereum ng Bitcoin Ethereum price analysis shows ETH is continuing its consolidation as the recent ongoing market dormancy continues. The bulls are getting more and more impatient for a move to the upside. Ethereum seems to have reached a bottom of $1,100 and is now heading back to the resistance at $1,366.74. This resistance is proving to be difficult to break. Ethereum presyo analysis shows the ETH/USD has been trading within a relatively narrow range during the past several days. Ethereum price chart shows that the bulls have so far defended any meaningful declines, with the nearest support level lying around $1,100. ETH/USD had rallied above t $1,286 and is trading around the $1,281.63 mark at press time. The 100 EMA line has broken out in a bullish manner after being previously trapped below it for several weeks. ETH/USD 1-day chart: TradingView The immediate resistance is seen at $1,300 followed by $1,308 and $1,317. On the other hand, if the price fails to continue rising, supports can be located at $1,250 followed