The Level Thats Likely to Be Ethereums Potential Reversal Zone - BitcoinEthereumNews.com
Ethereumवह स्तर जो एथेरियम के संभावित उत्क्रमण क्षेत्र होने की संभावना है06 / 19 / 2022बिटकॉइन एथेरियम समाचार After ten weeks of red, the bears were able to push the price below $1,000 yesterday. They managed to advance below $900, but the market saw a quick recovery and reclaimed on top of the covered $1K mark. However, things are still very fragile. तकनीकी विश्लेषण तकनीकी विश्लेषण By भूरा दैनिक चार्ट On the daily timeframe, ETH has reached a support zone lastly tested on January 2021. Despite the severe drop, of over 30% this week alone, the bearish momentum is still high: The consecutive weekly red candlesticks indicate the bears complete dominance in the market. Examining the chart below, the support zone in the range of $700-$880 is considered the area that currently has the potential to reverse the trend in the short term. Hence, buyers are likely to seek entrance to the market in this area. If a reversal plays out, we can expect the price to increase and retest the horizontal resistance at $1300. However, because ETH had experienced a sharp drop, it shouldnt be so easy to start a new healthy uptrend so soon. मुख्य समर्थन स्तर: $ 880 और $ 700 प्रमुख प्रतिरोध स्तर: $1300 और