Ethereum Risks Decline to $1,300 if Buyers Fail to Overcome the $1,700 High - BitcoinEthereumNews.com
Ethereum (ETH) is moving in the uptrend zone but fluctuating below the $1700 resistance zone. n Since July 18, the uptrend has been slowed down by the resistance at $1,700. On July 28, the uptrend of the largest cryptocurrency was rejected at the high of $1,785, but found support above the moving average lines. n Today, the largest altcoin is trading at $1,662 as we write this article. The bulls will break through resistance at $1,700 and $1,785 if the altcoin rises above the current support. If the bulls are successful, Ether will rise to the high of $2,013. However, there is a tendency for Ether to fall if the bulls fail to break the recent high. The cryptocurrency will fall to a low of $1,300 if the bears fall below the moving average lines. n Teknikal tagapagpahiwatig: n Mga Pangunahing Mga Taon ng pagtutol: $ 2,500, $ 3,300, $ 4,000 n n Key Zona ng Suporta: $ 2,000, $ 1,500, $ 1,000 n Ano ang susunod na direksyon para sa Ethereum? n Ethereum is trading above the moving average lines and could continue to rise if the resistance levels are broken. Meanwhile, the July 19 uptrend has shown a candlestick testing the 61.8%