ETH konfrontéiert entscheedend Ënnerstëtzung, Ass Dump op $ 1000 nächst? (Ethereum Präis Analyse)

As predicted, the FOMC-mandated 75 bps rise negatively impacted traditional and cryptocurrency markets. Ethereum (ETH) dived 13%, dropping towards the $1200 level, recording its lowest level since mid-July.

technesch Analys

Vum Grizzly

Daily Chart

ETH is currently trading amid a critical support zone between $1230 and $1280 (in green), along with the 0.618 Fib Retracement level at $1210 (in yellow). After reaching this Fib level, ETH quickly climbed back by 6% earlier today.

In case this level breaks down in the coming days, then $1000 likely becomes the next significant support. Until ETH closes below $1,210, this scenario is not triggered. Alternately, if the bulls break above the range, the next major resistance is at $1420 (in red).

Hopes for a trend reversal are revived if they close a candle above this level. If not, the upward rise might be seen as a pullback.

Schlëssel Support Niveauen: $ 1210 & $ 1000

Schlëssel Resistenzniveauen: $ 1420 & $ 1650

Deeglech bewegend Duerchschnëtt:

MA20: $1536
MA50: $1633
MA100: $1468
MA200: $2016

D'Grafik vun der ETH/BTC

Yesterday, after more than two months, ETH / BTC trading pair closed below the 200-day moving average line (seen in white). Given the dominance of the bearish sentiment of the market, there is a considerable likelihood that 0.065 BTC (in green) will be retested as support.

The bulls are likely going to defend that level. This scenario will be invalid if the price retraces above the daily MA200 at 0.069 BTC.

Schlëssel Support Niveauen: 0.065 & 0.06 BTC

Schlëssel Resistenzniveauen: 0.069 & 0.075 BTC

On-Chain Analyse

Aktiv Adressen (SMA 30)

Definitioun: D'Gesamtzuel vun eenzegaartegen aktive Adressen, dorënner Sender an Empfänger.

On-chain data shows that bullish trends are frequently, though not always, followed by an increase in the number of active addresses on the network – a sign of growth in on-chain activity.

Even if this index has marginally risen over the last several days, it is still not noticeable. On the other hand, the likelihood of a price decrease will increase if this metric declines once again.

SPEZIAL OFFER (Gesponsert)

Binance Gratis $100 (Exklusiv): Benotzt dëse Link registréieren a kréien $ 100 gratis an 10% Off Fraisen op Binance Futures éischte Mount (Begrëffer).

PrimeXBT Spezial Offer: Benotzt dëse Link aschreiwen & gitt POTATO50 Code fir bis zu $7,000 op Är Dépôten ze kréien.

Verzichterklärung: Informatioun fonnt op CryptoPotato ass déi vun zitéierten Schrëftsteller. Et stellt net d'Meenunge vu CryptoPotato iwwer ob Investissementer ze kafen, ze verkafen oder ze halen. Dir sidd ugeroden Är eege Fuerschung ze maachen ier Dir Investitiounsentscheedunge maacht. Benotzt geliwwert Informatiounen op Ären eegene Risiko. Kuckt Disclaimer fir méi Informatioun.

Cryptocurrency Charts vum TradingView.

Source: https://cryptopotato.com/eth-facing-crucial-support-is-dump-to-1000-next-ethereum-price-analysis/