Ethereum (ETH) Price Analysis (April 29)

2020-4-29 12:44

• ETHUSD slowly reaches a point where it can no longer drop.
• Traders may consider buying with bullish reversal candles as entry formation.

ETH/USD Medium-term Trend: Bullish

Key levels
• Resistance levels : $260, $270, $280
• Support levels: $85, $75, $65

Ethereum is in an uptrend in its medium-term outlook. $192.06 in the support area is attaining as the low of the day during yesterday by the bears. However, the close of the day at $196.55 with a doji candle suggests exhaustion of the bearish momentum, hence bulls’ brief return.

The daily session opens today at $196.63 in the resistance area. The momentum in price continues in an uptrend as the cryptocurrency journeys up north around $205.55 in the resistance area within the range.

Now, price at $205.55 around the 78.6 fib area, which is a deep trend reversal area suggests the momentum in the price of the cryptocurrency might encounter a change in the future.

Price is above the two EMAs, an indication of an increase in the price of the market and the bulls are in the dominance of ETHUSD at the present.

The stochastic oscillator is pointing downwards at around level 88% in the overbought region suggests the momentum in price might encounter a change in the future in the medium-term.

ETH/USD Short-term Trend: Bullish


The coin is in a bullish trend in its short-term outlook. The 4-hourly session today at $196.63 in the resistance area is bullish. The impulse move by the buyers further pushes the price of Ethereum up to $207 in the resistance area.

The journey up north continues as the price is initially up now at $206.20 in the resistance area above the two EMAs. This implies the bulls are in control of the market in the short-term.

Thus, the stochastic signal pointing up at level 80% in the overbought region suggests the momentum in price of Ethereum is in an uptrend and might continue in the same direction in the days ahead in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3580.16 (+0.04%)
Объем 24H $36.338b
Изменеия 24h: -1.24 %, 7d: 8.85 %
Cегодня L: $3523.8 - H: $3665.21
Капитализация $431.202b Rank 2
Цена в час новости $ 210.9 (1597.56%)

levels ethereum bullish medium-term eth 270 280

Источник: bitcoinexchangeguide.com

levels ethereum → Результатов: 126


Фото:

ICX, AION, ARK, LSK and 4 More Double Digit Gainers

Ever since news broke on the 23rd of August that the SEC were reviewing all 9 Bitcoin ETF denials, there has been a rejuvenation in the crypto markets that is self evident with a stable BTC. Since then, the King of Crypto has been slowly climbing from levels of $6,300 seen earlier on that day […] The post ICX, AION, ARK, LSK and 4 More Double Digit Gainers appeared first on Ethereum World News.

2018-8-25 17:48


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Соучредитель Ethereum перевел 20 000 ETH на Kraken

Разработчик и сооснователь Ethereum Джеффри Вильке отправил 20 000 ETH (~$72,5 млн) на биткоин-биржу Kraken. На это обратили внимание в Spot On Chain. Эксперты отметили, что транзакция произошла на фоне роста цены криптовалюты, в результате которого курс приблизился к $3700.

Цена Ethereum пробила уровень $2800

Вторая по капитализации криптовалюта за последние сутки подорожала на 9,6%. Цена актива пробила уровень $2800, поднявшись к значениям начала августа. На графике ниже видно, что восходящее движение поддерживалось всплеском объемов торгов: Четырехчасовой график ETH/USDT биржи Binance.

Объем торгов спотовыми Ethereum-ETF превысил $500 млн

Общий объем торгов спотовыми ETF на базе второй по капитализации криптовалюты преодолел рубеж в $500 млн спустя несколько часов после дебюта нового инструмента на регулируемых американских биржах.

Bitwise внесла изменения в форму S-1 для спотового Ethereum-ETF

Управляющий активами Bitwise подал обновленную форму S-1 для спотового биржевого фонда на базе Ethereum за несколько дней до крайнего срока 8 июля. Источники The Block сообщили, что SEC не назвала точное время рассмотрения документов, но компании могут получить одобрение к концу следующей недели.