Verëffentlecht 10 Stonnen ago
Den 30. November huet den Ethereum Präis witnessed a significant inflow resulting in a massive breakout from $1220 and $1275 resistance in one strike. Thus, this reclaimed level offers a long entry opportunity and assists buyers in driving an ETH price higher. But; how far this potential rally may go?
Schlëmmsten Punkten:
- A possible retest to the $1270 or $1220 will replenish the bullish momentum
- The daily-RSI slope re-renters the bullish territory.
- Den Intraday Handelsvolumen an Ethereum ass $ 10 Milliarde, wat e Verloscht vun 16.5% ugeet.
Quelltext- Tradingview
d' Ethereum Coin Präis rebounded from the $1100-$1085 support twice over the past three weeks, indicating the buyers are actively defending this level. The last reversal has pushed the price 18%, and it currently trades at $1277.
The bullish reversal has breached two resistance levels of $1220 and $1270, offering strong support levels to bolster a recovery rally. As of now, the daily candle shows higher price rejection, suggesting a retest phase is on its way.
Moreover, both the aforementioned level are suitable to support the resumption of a bullish rally. The post-retest rally may drive the price 12% higher to hit reach the $1425 resistance.
Global In/Out of the Money Metrik
Quell- an de Block
Concerning the current price of Ethereum, $1285, the Global In/Out of the Money (GIOM) on-chain metric suggests 49.84% of ETH holders are in profit, whereas 45.3% of holders are in loss. The indicator offers a neutral outlook, with both aforementioned parties near the 50% mark.
However, the tiny red cluster with a mean value of $1400 indicates this level is weak resistance, which increases the chance of price recovery.
Technesch Indikator -
Relative Stäerkt Index: der deeglech-RSI Steigungen jumps above the neutral line after nearly a month, indicating the market sentiment is improving
EMAs: the rising price reclaimed the 20-day EMA, offering early signs of a bullish recovery. However, the other EMAs(50, 100, and 200) could provide additional resistance against a potential rally.
Ethereum Intraday Präisniveauen
- Spotpräis: $ 1278
- Trend: Bullesch
- Volatilitéit: Mëttel
- Resistenzniveau - $ 1370 an $ 1425
- Ënnerstëtzung Niveau- $ 1270 an $ 1220
Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.
Source: https://coingape.com/markets/how-far-the-rising-ethereum-price-may-reach-in-coming-week/