Ethereum Präis Analyse: ETH séier weider ze rallyen, Test vun $ 2,000 nächst?

Ethereum price analysis is bullish today as we have seen a strong reversal and push towards the $1,900 previous support. Therefore, if the current momentum continues, we expect ETh/USD to reach the $2,000 mark next.

Ethereum price analysis: ETH swiftly continues to rally, test of $2,000 next? 1

Cryptocurrency Hëtzt Kaart. Quell: Mënz 360

The market has continued moving higher over the last 24 hours. The leader, Bitcoin, gained 4.45 percent, while Ethereum 5.65 percent. Meanwhile, the rest of the top altcoins followed close by.

Ethereum price movement in the last 24 hours: Ethereum continues to rally with increasing force

ETH / USD gehandelt an engem Beräich vun $ 1,787.47 bis $ 1,909.92, wat eng staark Volatilitéit iwwer déi lescht 24 Stonnen beweist. Den Handelsvolumen ass ëm 31.33 Prozent eropgaang, am Ganzen $ 14.986 Milliarden, wärend de Gesamtmaartkapital ëm $ 229.42 Milliarde handelt, wat zu enger Maartdominanz vun 18.1 Prozent resultéiert.

ETH/USD 4-hour chart: ETH/USD targets $2,000 next?

On the 4-hour chart, we can see bullish momentum dominating over the last 24 hours and break above the $1,900 resistance opening the way for more upside.

Ethereum price analysis: ETH continues to rally, test of $2,000 next?

ETH / USD 4-Stonneplang. Quell: TradingView

Ethereum Präis has finally managed to reverse and began retracing previous loss. After clear support was found at $1,700 late last week, steady advance was seen over the weekend towards the $1,900 previous support.

Therefore, resistance could be found there if no further upside follows later in the day. However, considering the current momentum, we expect further upside to follow.

Likely, Ethereum’s price will target the $2,000 next resistance to set another major swing lower high. Another test of the downside could finally set a clear higher low, which would begin a much more substantial reversal of the current several-month decline.

Ethereum Präisanalyse: Conclusioun

Ethereum price analysis is bullish today as we have seen a clear retrace from the previous low at $1,700 in progress since Saturday. After a strong push overnight, ETH/USD has reached towards the previous major support at $1,900, opening the way for more upside.

Wärend op Ethereum waart fir weider ze goen, kuckt eis Präisprognose weider WINkLink, BTCZ, an Tektonesch.

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Quell: https://www.cryptopolitan.com/ethereum-price-analysis-2022-05-30/