ETH/USD May Retrace Higher Levels
Ethereum Price Prediction Today October 4, 2022: ETH/USD Price Action Shapes To Rebound Upwards The latest candlestick formed on the ETH / USD daily chart was able to sit on the support of $1266.44. Interestingly, this support aligns with the 78.60 Fibonacci level. Also, this green candle is pushing Ethereum‘s price closer to the MA of the Bollinger indicator. Furthermore, looking at the RSI it could be seen that the curves of this Indicator which were journeying downwards before now curved towards each other at the 79% and 75% levels. If these lines should eventually cut across each other, this would portray that Ethereum’s price will increase. And, given the level of this line, the probability of this occurring is fair enough. Therefore traders can expect ETH/USD price to reach near $1400 soon. Ethereum Price Prediction Today October 4, 2022: ETH/BTC Price Searches for a Base Meanwhile, examining the ETH/BTC market, well see that the price candles here appear not to be testing any of the Fib levels. However, price candles seem to have followed a bowed trajectory to the side, to reach their current position. Also, the price candle seems closer to the Bollinger indicator than to the lowest limit of this