Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a risk of a drop below the $1,265 support.
- Ethereum is still showing bearish signs below the $1,350 and $1,320 support levels.
- ລາຄາປະຈຸບັນມີການຊື້ຂາຍຕໍ່າກ່ວາ $ 1,300 ແລະລາຄາສະເລ່ຍເຄື່ອນໄຫວ 100 ຊົ່ວໂມງ.
- There was a break below a key rising channel with support at $1,290 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair remains at a risk of more losses unless there is a clear move above the $1,300 level.
Ethereum Price Remains In Downtrend
Ethereum started a minor upside correction from the $1,265 support zone. ETH traded as low as $1,268 and recovered above the $1,280 level.
There was a break above the 23.6% Fib retracement level of the downward move from the $1,338 swing high to $1,268 low. Ether price even attempted a clear move above the $1,300 resistance zone and the 100 hourly simple moving average.
However, the bulls failed to gain strength for a close above $1,300. Ethereum price failed ເພື່ອອະນາໄມລະດັບ 50% Fib retracement ຂອງການຫຼຸດລົງຈາກ swing $ 1,338 ສູງໄປຫາ $ 1,268 ຕ່ໍາ.
There was a fresh decline from $1,300. Besides, there was a break below a key rising channel with support at $1,290 on the hourly chart of ETH/USD. The pair is now trading below $1,300 and the 100 hourly simple moving average.
ທີ່ມາ: ETHUSD ກ່ຽວກັບ TradingView.com
An immediate resistance on the upside is near the $1,298 level. The first major resistance is near the $1,300 level. A clear upside break above the $1,300 resistance zone could open the doors for a steady increase. In the stated case, the price may perhaps rise towards the $1,350 resistance. Moreover, it could help bitcoin and other altcoins in gaining pace.
Sharp Drop in ETH?
ຖ້າ ethereum ລົ້ມເຫລວໃນການຟື້ນຕົວຂ້າງເທິງການຕໍ່ຕ້ານ $ 1,300, ມັນສາມາດສືບຕໍ່ຫຼຸດລົງ. ການສະຫນັບສະຫນູນເບື້ອງຕົ້ນກ່ຽວກັບການຫຼຸດລົງແມ່ນຢູ່ໃກ້ກັບລະດັບ $ 1,275.
The next major support is near the $1,265 level. A downside break below the $1,265 might start a major decline towards $1,200. Any more losses may perhaps open the gates for a move towards the $1,000 support.
ຕົວຊີ້ວັດດ້ານວິຊາການ
MACD ຊົ່ວໂມງ - ປະຈຸບັນ MACD ສຳ ລັບ ETH / USD ກຳ ລັງໄດ້ຮັບຄວາມຄືບ ໜ້າ ໃນເຂດທີ່ຫຼຸດລົງ.
ຊົ່ວໂມງ RSI - The RSI for ETH/USD is now below to the 50 level.
ລະດັບການສະ ໜັບ ສະ ໜູນ ຫຼັກ - 1,265 ໂດລາ
ລະດັບການຕໍ່ຕ້ານທີ່ ສຳ ຄັນ - 1,300 ໂດລາ
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-remains-vulnerable-will-eth-fall-back-to-1k/