עטהערעום פּרייַז אַנאַליסיס: ETH אָפּוואַרפן דאַונסייד, פאָרזעצן קאַנסאַלאַדיישאַן אונטער $ 1,350

עטהערעום price analysis is bullish today as we have seen failure to move lower and further consolidation over the last 24 hours. Therefore, ETH/USD looks to continue even higher over the weekend and break the $1,350.

The market has traded with bullish momentum over the last 24 hours. The leaders, Bitcoin and Ethereum, gained just over 3 percent, while ריפּאַל was the top performer from the major altcoins, with almost 11 percent gain.

Ethereum price movement in the last 24 hours: Ethereum continued sideways

ETH / USD האַנדלט אין אַ קייט פון $ 1,293.19 צו $ 1,346.13, וואָס ינדיקייץ מילד וואַלאַטילאַטי אין די לעצטע 24 שעה. די טריידינג באַנד איז דיקריסט מיט 4.6 פּראָצענט, טאָוטאַלינג $ 13.744 ביליאָן, בשעת די גאַנץ מאַרק היטל איז געווען טריידיד אַרום $ 163.79 ביליאָן, ריזאַלטינג אין מאַרק דאַמאַנאַנס פון 17.33 פּראָצענט.

ETH/USD 4-hour chart: ETH prepares to break $1,350?

On the 4-hour chart, we can see further consolidation today, likely as a spike higher will be attempted overnight.

עטהערעום פּרייַז action has traded no clear direction over the past weeks. After testing both upside and downside, the current high and low were set at $1,400 and $1,250, respectively.

Therefore, a clear direction for ETH/USD will be set once either of these levels are broken in a clear way. Over the past 24 hours, ETH has traded in the middle of the range, indicating no clear short-term direction, and further price action development is needed.

Yesterday, Ethereum price attempted to move lower once again, however, it was quickly rejected higher from the $1,300 support. Since then, no clear direction has been seen, meaning that the lack of selling should result in another strong test of the $1,350 resistance later today..

עטהערעום פּרייַז אַנאַליסיס: מסקנא 

עטהערעום פּרייַז אַנאַליסיס is bullish today as we saw clear rejection from the $1,300 support after a quick spike lower yesterday. Therefore, ETH/USD should attempt another push higher and target the $1,400 resistance over the weekend. 

בשעת ווארטן פֿאַר עטהערעום צו מאַך ווייַטער, זען אונדזער אַרטיקלען אויף ווי צו קויפן ליטעקאָין, פילעקאָין, און פּאָלקאַדאָט.