Ehtereum (ETH) Price Looks Exhausted Near $3,200, Is Upside Over! - BitcoinEthereumNews.com
स्रोत: ट्रेडिंग व्यू However, the formation of the ‘Symmetrical triangle’ formation indicates indecision among investors. ETH would retreat toward the $2,800 horizontal support line if the triangle breakouts on the lower side. The current bias for Ethereum is bearish in the short term. ETH is losing momentum as the volume is also declining, which is supporting the current down look for the pair. The Daily Relative Strength Index (RSI) trades at 54. But the momentum indicator retreated from 57, which shows investors receding buying interest in the pair. Furthermore, ETH is already struggling below the 50 DMA at $3,225.31 indicating challenges for the buyers. A decisive break below the $2,800 level could intensify the selling pressure toward the $2,400 horizontal support line. Alternatively, if the breakout happens toward the upper end then the first target could be found at the $3,600 horizontal resistance level. As ETH breached the mentioned level the sentiment would turn in the favor of bulls and could jump toward the psychological level of $4,012. अस्वीकरण प्रस्तुत सामग्री में लेखक की व्यक्तिगत राय शामिल हो सकती है और यह बाजार की स्थिति के अधीन है। क्रिप्टोकरेंसी में निवेश करने से पहले अपने बाजार का अनुसंधान करें। लेखक या प्रकाशन आपके व्यक्तिगत वित्तीय नुकसान के