ETH konsolidéiert iwwer $ 1200 Niveau

The Ethereum price prediction shows that ETH continues to trade above the $1000 level as the market moves sideways.

Ethereum Prognose Statistiken Daten:

• Ethereum Präis elo - $ 1224
• Ethereum Maartkapital - 145.8 Milliarden Dollar
• Ethereum zirkuléierend Versuergung - 121.2 Milliounen
• Ethereum Gesamtversuergung - 121.2 Milliounen
• Ethereum Coinmarketcap Ranking - #2

ETH / USD Maart

Schlëssel Niveauen:

Resistenzniveauen: $ 1800, $ 2000, $ 2200

Ënnerstëtzungsniveauen: $ 600, $ 400, $ 200

ETH / USD is currently ranging around $1216, and it is likely to stay above the 9-day moving average before considering whether it should move up or down. Now, the Ethereum price is facing sideways movement, as the coin is struggling to stay above the 9-day moving average. The Ethereum price may face the downside as the red line of the 9-day moving average stays below the green line of the 21-day moving average.

Ethereum Präis Prognose: Ethereum (ETH) Kann weider Sideways bewegen

No der deeglecher Grafik, wann der Ethereum Präis Kräizt iwwer dem 21-Dag bewegend Duerchschnëtt; et kéint den nooste Resistenzniveau vun $1400 schloen. Wéi och ëmmer, eng erfollegräich Paus iwwer dësem Niveau kéint d'Dieren opmaachen fir eng zousätzlech Erhéijung op den $ 1600 Niveau. An der Tëschenzäit kann all weider bullish Bewegung d'Mënz op déi potenziell Resistenzniveauen vun $1800, $2000 an $2200 drécken.

Moreover, as the technical indicator Relative Strength Index (14) moves below the 40-level, the nearest support could be found at the $1000 level. If there is a bearish break below this support, ETH/USD could test another support before breaking the lower boundary of the channel. However, any further bearish movement could lead the price towards the support levels of $600, $400, and $200.

Against Bitcoin, the Ethereum price is hovering around 5741 SAT. Therefore, if the price remains above the 9-day ad 21-day moving averages, there is a possibility that additional resistance levels may be created in the long term. On the contrary, if the price crosses below the lower of the channel, it could hit the critical support at 5000 SAT and below.

However, a bullish movement towards the upper boundary of the channel may play out and the potential resistance level could be located at 6500 SAT and above as the technical indicator Relative Strength index (14) stays above 50-level, which suggests an upward movement.

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