Ethereum Bounces from $1,730 Support, Aims at $2,000 After 10% Rally - BitcoinEthereumNews.com
अरमान शिरीनयान After strong bounce from support, Ethereum has a lot of resistance ahead पिछले यू.आज, we covered Ethereums movement on the market, as the second biggest cryptocurrency reached the fundamental support line, which has acted as a foundation for rallies on Ether since summer 2021. Luckily, the support line played out in favor of the बैल एक बार फिर। According to the daily chart of the asset, ETH has successfully bounced off the aforementioned support line and is currently moving towards the next major resistance, which would be $2,000 as it acts as a psychological threshold for traders and investors. स्रोत: TradingView In addition to the “round numbers” resistance, it is most likely that traders who got into Ether at around $2,000 would try to breakeven on their positions, selling close to or directly at the price. Such a tendency creates massive pressure on the rising asset and may interfere with its path to a new local high. Foremost, Ethereum has to breakthrough the downtrend formed since May 15 before entering another rally. According to volume profiles, traders and investors are not rushing to support the current movement on the second biggest cryptocurrency on the बाजार. विज्ञापन Technical indicators do not seem to show any type of