Monday, June 23, 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

Urgent Call For Bulls As Analysts Predict Dire Correction Ahead

Urgent Call For Bulls As Analysts Predict Dire Correction Ahead

January 20, 2024
DXY’s Collapse Signals Bigger Bull Run

Will Dogecoin Hold The Line? Bollinger Bands Flash Critical Alert

March 28, 2025
Bitcoin ETFs: Almost 3 months on, where do they stand?

Bitcoin ETFs: Almost 3 months on, where do they stand?

March 30, 2024
Bitcoin, Ethereum ETFs: Will Hong Kong get an edge with new approvals?

Bitcoin, Ethereum ETFs: Will Hong Kong get an edge with new approvals?

April 16, 2024
Bank of England Officials Say Stablecoin Risks Present ‘Implications for Core Financial Markets in the UK’

Bank of England Officials Say Stablecoin Risks Present ‘Implications for Core Financial Markets in the UK’

April 11, 2025
Will The Gains Keep Coming?

Will The Gains Keep Coming?

November 12, 2024

Recent Posts

  • Ethereum breaks down! – THESE signals hint at more pain ahead
  • OKX To Consider IPO In US After Local Relaunch In April
  • Texas Govt. Signs Strategic Bitcoin Reserve Into Law

Categories

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

Recommended

Ethereum breaks down! – THESE signals hint at more pain ahead

Ethereum breaks down! – THESE signals hint at more pain ahead

June 23, 2025
OKX To Consider IPO In US After Local Relaunch In April

OKX To Consider IPO In US After Local Relaunch In April

June 23, 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