Monday, June 2, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Market & Analysis

Will Support Kick In Soon?

n70products by n70products
November 5, 2024
in Market & Analysis
0
Will Support Kick In Soon?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

Ethereum value prolonged losses and traded beneath the $2,500 assist. ETH is consolidating and would possibly battle to get well above the $2,500 resistance.

  • Ethereum began a contemporary decline from the $2,550 resistance zone.
  • The worth is buying and selling beneath $2,480 and the 100-hourly Easy Shifting Common.
  • There’s a new connecting bearish development line forming with resistance at $2,445 on the hourly chart of ETH/USD (information feed through Kraken).
  • The pair may begin a restoration wave if it surpasses the $2,445 and $2,500 resistance ranges.

Ethereum Value Extends Losses

Ethereum value struggled to remain above $2,500 and began a contemporary decline like Bitcoin. ETH declined beneath the $2,450 and $2,420 ranges.

It examined the $2,350 assist zone. A low was shaped at $2,357 and the value is now making an attempt to get well. There was a transfer above the $2,385 resistance zone. The worth examined the 23.6% Fib retracement stage of the downward transfer from the $2,583 swing excessive to the $2,357 low.

Ethereum value is now buying and selling beneath $2,500 and the 100-hourly Simple Moving Average. There may be additionally a brand new connecting bearish development line forming with resistance at $2,445 on the hourly chart of ETH/USD.

On the upside, the value appears to be dealing with hurdles close to the $2,445 stage and the development line. The primary main resistance is close to the $2,470 stage or the 50% Fib retracement stage of the downward transfer from the $2,583 swing excessive to the $2,357 low.

Ethereum Price
Supply: ETHUSD on TradingView.com

The principle resistance is now forming close to $2,500. A transparent transfer above the $2,500 resistance would possibly ship the value towards the $2,550 resistance. An upside break above the $2,550 resistance would possibly name for extra good points within the coming periods. Within the acknowledged case, Ether may rise towards the $2,620 resistance zone.

One other Decline In ETH?

If Ethereum fails to clear the $2,445 resistance, it may begin one other decline. Preliminary assist on the draw back is close to the $2,380 stage. The primary main assist sits close to the $2,350 zone.

A transparent transfer beneath the $2,350 assist would possibly push the value towards $2,285. Any extra losses would possibly ship the value towards the $2,220 assist stage within the close to time period. The subsequent key assist sits at $2,150.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is dropping momentum within the bearish zone.

Hourly RSI – The RSI for ETH/USD is now beneath the 50 zone.

Main Assist Stage – $2,360

Main Resistance Stage – $2,500



Source link

Tags: KickSupport
Previous Post

Bitcoin leads $2.2B inflow as U.S. Election looms – Here’s everything to know!

Next Post

Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris Victory Will Cost Crypto ‘Billions’

Next Post
Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris Victory Will Cost Crypto ‘Billions’

Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris Victory Will Cost Crypto ‘Billions’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?

Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?

October 26, 2024
Devcon Tickets: Wave 3 and beyond

Devcon Tickets: Wave 3 and beyond

November 28, 2024
BlackRock buys 11K BTC: Is a bull run coming up?

BlackRock buys 11K BTC: Is a bull run coming up?

January 17, 2024
Bitcoin Market May ‘Cool Off’ In 4 To 6 Weeks — But Here’s What Needs To Happen

Bitcoin Market May ‘Cool Off’ In 4 To 6 Weeks — But Here’s What Needs To Happen

March 23, 2025
Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse

Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse

October 15, 2024
Pro-XRP John Deaton’s Senate Campaign Boosted by Ripple Execs, Winklevoss Twins and Anthony Scaramucci: Report

Pro-XRP John Deaton’s Senate Campaign Boosted by Ripple Execs, Winklevoss Twins and Anthony Scaramucci: Report

April 16, 2024

Recent Posts

  • ‘Revenge Tax’ Hidden in President Trump’s Bill Could Trigger Capital War, Warns Deutsche Bank: Report
  • Ethereum Price Stabilizes After Drop — Can Bulls Regain Control?
  • Ethereum Signals Uptrend With Key Candlestick Pattern, Could A Rally Follow?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

‘Revenge Tax’ Hidden in President Trump’s Bill Could Trigger Capital War, Warns Deutsche Bank: Report

‘Revenge Tax’ Hidden in President Trump’s Bill Could Trigger Capital War, Warns Deutsche Bank: Report

June 2, 2025
Ethereum Price Consolidates and Eyes Recovery—Is a Bounce Incoming?

Ethereum Price Stabilizes After Drop — Can Bulls Regain Control?

June 2, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version