ETH entkommt Bearish Breakdown op $ 1,200, TAMA Surges

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The Ethereum price prediction shows that ETH could hit the resistance level of $1,500 as the market price may gain more uptrends.

Ethereum Prognose Statistiken Daten:

  • Ethereum Präis elo - $ 1,306
  • Ethereum Maartkapital - 159 Milliarden Dollar
  • Ethereum zirkuléierend Versuergung - 122.4 Milliounen
  • Ethereum Gesamtversuergung - 122.4 Milliounen
  • Ethereum Coinmarketcap Ranking - #2

ETH / USD Maart

Schlëssel Niveauen:

Resistenzniveauen: $ 1800, $ 2000, $ 2200

Ënnerstëtzungsniveauen: $ 800, $ 600, $ 400

Kaaft Ethereum Elo

Äert Kapital ass a Gefor

As the market opens today, ETH/USD begins to follow the bullish movement as the coin hits the resistance level of $1,312. The coin opens at $1,245, and it is currently heading towards the nearest resistance level of $1,500. For the past few days, the Ethereum Präis has been moving sideways, trading below the 9-day and 21-day moving averages. Meanwhile, the market price could correct higher, but it is likely to face another bearish movement if it crosses below the lower boundary of the channel.

Ethereum (ETH) Ranges while Tamadoge (TAMA) Surges

Zu der Zäit vum Schreiwen ass de Ethereum Präis is ranging, and the coin is likely to break down to gain more downtrends by crossing below the channel. However, ETH/USD is currently hovering at $1,307 as it prepares to cross above the 9-day moving average. Should it spike below the channel, the critical support levels of $800, $600, and $400 may be tested as the technical indicator Relative Strength Index (14) remains below the 40-level.

Tamadoge OKX

Meanwhile, ETH/USD could either recover above the 9-day and 21-day moving averages or extend its decline towards the support level of $1,200. On the upside, the next major resistance is near the $1500 level. But, the coin may hit the resistance levels of $1800, $2000, and $2200. If not, there is a risk of more downsides below the lower boundary of the channel.

Against Bitcoin, the daily chart shows that the Ethereum price is hovering below the 9-day and 21-day moving averages. If the price crosses above this barrier and faces the upper boundary of the channel, there is a possibility that the coin may hit the nearest resistance level of 8000 SAT. However, if the price rises, it could even break the potential resistance level of 8500 SAT and above.

ETHBTC - Deeglech Chart

On the contrary, if the bears bring the price below the lower boundary of the channel, 6000 SAT support may come to play. Any further bearish movement could roll the coin to the critical support at 5500 SAT and below while the Relative Strength Index (14) remains below the 40-level, suggesting bearish signals.

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Tamadoge - Spill fir Meme Coin ze verdéngen

Tamadoge logo
  • Verdéngt TAMA a Schluechte mat Doge Hausdéieren
  • Capped Versuergung vun 2 Milliarden, Token Burn
  • Virverkaf huet $ 19 Milliounen an ënner zwee Méint gesammelt
  • Upëff ICO op OKX Exchange

Tamadoge logo


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Source: https://insidebitcoins.com/news/eth-escapes-bearish-breakdown-to-1200-tama-surges