EthereumAlış
Ethereum Flashes a Bullish Signal
Güncellendi
Welcome to PrimeXBT’s latest trade idea, focusing on ETHUSD’s price action as well as the digital asset’s fundamental news.
Fundamental News:
The Ethereum (ETH) network is still number one when it comes to decentralized applications (dApps) in the cryptocurrency space, despite the rise of many so-called “Ethereum killers,” according to data from a report published DAppRadar, a website that tracks the most popular decentralized applications.
The Ethereum blockchain is also expected to undergo an emergency hard fork later this month.
Technical Analysis:
Technical analysis of ETHUSD’s chart suggests that the trend may soon be shifting for ETH, as Ethereum's price is currently caught within a descending channel, while also forming a falling wedge that is a classic bullish reversal pattern.
Looking ahead, if bulls continue to push it above $135, other resistance levels are located at $145, $153, and $164. On the other hand, if the sellers push ETH beneath the current support level of $128, other support levels are found at $120, which is the lower boundary of the channel, $118, and $116.23.
We only offer you the most valuable analysis each day. Stay tuned for more infographics, analytics, reviews, summaries, and more!
Fundamental News:
The Ethereum (ETH) network is still number one when it comes to decentralized applications (dApps) in the cryptocurrency space, despite the rise of many so-called “Ethereum killers,” according to data from a report published DAppRadar, a website that tracks the most popular decentralized applications.
The Ethereum blockchain is also expected to undergo an emergency hard fork later this month.
Technical Analysis:
Technical analysis of ETHUSD’s chart suggests that the trend may soon be shifting for ETH, as Ethereum's price is currently caught within a descending channel, while also forming a falling wedge that is a classic bullish reversal pattern.
Looking ahead, if bulls continue to push it above $135, other resistance levels are located at $145, $153, and $164. On the other hand, if the sellers push ETH beneath the current support level of $128, other support levels are found at $120, which is the lower boundary of the channel, $118, and $116.23.
- Local Support Level: $125
- Local Resistance Level: $135
- Major Support Level: $116
- Market Cap: $13 981 221 039 USD
- Volume (24h): $8 338 668 953 USD
- Circulating Supply: 108 976 307 ETH
We only offer you the most valuable analysis each day. Stay tuned for more infographics, analytics, reviews, summaries, and more!
Not
Not
Ethereum/Bitcoin Forming a Bullish Trend Reversal Pattern
İşlem kapandı: hedefe ulaştı
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.