Ethereum price analysis is bearish today as we have seen clear selling to the $1,500 support and a quick reaction higher over the past hours. Therefore, ETH/USD will likely soon pivot and look to continue even lower.
The market has traded in the red over the last 24 hours. The leader, Bitcoin, lost 1.32 percent, while Ethereum 1.94 percent. Meanwhile, the rest of the market has seen similar selling, with the exception of Dogecoin.
ການເຄື່ອນໄຫວລາຄາ Ethereum ໃນ 24 ຊົ່ວໂມງທີ່ຜ່ານມາ: Ethereum ເລີ່ມຕົ້ນທີ່ຈະ retrace
ETH/USD ມີການຊື້ຂາຍລະຫວ່າງ $1,493.87 ຫາ $1,564.32, ສະແດງເຖິງຄວາມຜັນຜວນຢ່າງຫຼວງຫຼາຍໃນໄລຍະ 24 ຊົ່ວໂມງທີ່ຜ່ານມາ. ປະລິມານການຊື້ຂາຍໄດ້ຫຼຸດລົງ 20.46 ສ່ວນຮ້ອຍ, ມີມູນຄ່າທັງຫມົດ 21.8 ຕື້ໂດລາ, ໃນຂະນະທີ່ມູນຄ່າຕະຫຼາດທັງຫມົດມີການຊື້ຂາຍປະມານ 186.84 ຕື້ໂດລາ, ເຊິ່ງກໍ່ໃຫ້ເກີດການຄອບຄອງຕະຫຼາດ 18.88%.
ETH/USD 4-hour chart: ETH prepares to drop further?
On the 4-hour chart, we can see a quick spike higher over the past hours, leading to a slightly lower local high set and establishing a base from which to drop further.
ລາຄາ Ethereum action has traded with ຈັງຫວະທີ່ແຂງແຮງ over the past days after a several week consolidation was broken. ETH/USD rallied as high as the $1,600 resistance, where a strong swing higher high was set.
From there, ETH began to pivot with a slight consolidation seen on Wednesday. Ever since, selling pressure slowly returned, leading back to the $1,500 support, where a slight reaction higher was seen over the past hours.
However, the $1,550 resistance will likely prevent further upside, leading Ethereum price to set a lower local high and start moving lower from there. Likely ETH/USD will soon start heading even lower and look to target the $1,400 support over the weekend.
ການວິເຄາະລາຄາ Ethereum: ສະຫຼຸບ
ການວິເຄາະລາຄາ Ethereum is bearish today as we saw a strong pivot yesterday and further selling earlier. Therefore, we expect ETH/USD to drop even further and look to target $1,400 next.
ໃນຂະນະທີ່ລໍຖ້າ Ethereum ຍ້າຍອອກໄປຕື່ມອີກ, ເບິ່ງບົດຄວາມຂອງພວກເຮົາກ່ຽວກັບ ກະເປົາເງິນ Siacoin, Pi Wallet, ແລະ ການທົບທວນຄືນ LTC Wallet.
ທີ່ມາ: https://www.cryptopolitan.com/ethereum-price-analysis-2022-10-28/