Key Support levels: $3,000, $2,805
Key Resistance levels: $3,400, $3,750
Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant pullback. The support at $3,000 has held well and may be revisited if ETH is rejected at the key resistance.
Trading Volume: The volume continues to decrease, even as the price moves higher. This is a bearish signal and may materialize once the price hits the key resistance.
RSI: The daily RSI has hit 62 points and appears to curve down. The increase from the oversold area was very sharp and a pullback becomes likely in the near future.
MACD: Even if the MACD is bullish, the histogram has turned flat in the last few days. This signals a loss of bullish momentum. Best to be cautious as we approach the key resistance.
The current bias for ETH is bullish. It’s important to monitor the key resistance as a rejection there could lead to a significant correction.
Short-Term Price Prediction for ETH
At the time of this writing, it seems more likely for ETH to test $3.4K rather than not. Once it’s there, it’s important to monitor the price action closely.
Check live crypto rates here
Start trading today – See our list of exchanges
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your website? My blog site is in the exact same niche as yours and my users would definitely benefit from a lot of the information you provide here. Please let me know if this alright with you. Appreciate it!
With every thing which appears to be building inside this subject matter, your points of view happen to be quite radical. Having said that, I beg your pardon, but I do not subscribe to your whole theory, all be it radical none the less. It would seem to me that your remarks are not completely validated and in simple fact you are your self not entirely confident of the assertion. In any case I did take pleasure in looking at it.
Of course, what a magnificent site and illuminating posts, I will bookmark your website.Best Regards!
buy olmesartan online cheap divalproex online order acetazolamide 250 mg generic
order prograf 5mg pill purchase prograf without prescription buy urso 300mg pills
Good post. I study one thing more difficult on completely different blogs everyday. It’ll at all times be stimulating to read content from different writers and observe a bit one thing from their store. I’d prefer to make use of some with the content material on my weblog whether you don’t mind. Natually I’ll offer you a link in your internet blog. Thanks for sharing.
Thanks for sharing superb informations. Your web site is so cool. I am impressed by the details that you?¦ve on this web site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for more articles. You, my pal, ROCK! I found simply the info I already searched all over the place and simply could not come across. What a perfect site.
We’re a group of volunteers and opening a new scheme in our community. Your web site provided us with valuable information to work on. You have done an impressive job and our entire community will be grateful to you.
I am always searching online for articles that can assist me. Thx!
Good day very cool blog!! Man .. Beautiful .. Superb .. I’ll bookmark your site and take the feeds also…I am happy to find numerous helpful info here in the post, we’d like develop extra techniques in this regard, thanks for sharing.
Woh I like your posts, bookmarked! .
Thank you for helping out, great information. “In case of dissension, never dare to judge till you’ve heard the other side.” by Euripides.