Ethereum Price Prediction: Moves Toward 50-day EMA At $2,880, Is $3,200 Next On Bulls Radar? - BitcoinEthereumNews.com
स्रोत: ट्रेडिंग व्यू Ethereum price is trading higher with significant gains but witnesses a little pullback from the higher levels. A continued buying pressure is required to close above the psychological $2,800 mark. The upside momentum is expected to continue in the short term as buying pressure remains consistent. As a result, the first upside hurdle from the current levels could be located at $2,830. ETH price must give a daily close above this level along with above-average volumes. Next, ETH bulls will face some resistance at the 50-day EMA (Exponential Moving Average) at $2,880. Expect a windfall gain as the price will prepare for a jump to a $3,200 horizontal level following the attainment of $2,880 mark. This will be a crucial milestone for the bulls. Investors will further look for additional gains toward the critical 200-EMA placed at $3,545.78. On the flip side, a rejection toward the descending trend line will invalidate the bullish outlook for the asset. The immediate downside target could be found at $2,400. तकनीकी संकेतक: RSI: The daily Relative Strength Index reads at 49 above the average line. However, the bullish divergence since February 22 capped the downside in the price. एमएसीडी: The Moving Average Convergence Divergence (MACD) hovers below the midline with