עטהערעום פּרייַז אַנאַליסיס: ETH ריטעסט דאַונסייד, שטופּן העכער $ 2,100 ינקאַמינג?

עטהערעום price analysis is bullish today as we expect the current retest of downside to end with a strong push higher over the next days. Therefore, ETH/USD is likely headed above $2,100 and will set a higher high from there.

The market has traded in the green over the last 24 hours despite a slight test of downside overnight. The leader, Bitcoin, gained 2.77 percent, while עטהערעום 2.06 percent. The rest of the market follows with even better results.

Ethereum price movement in the last 24 hours: Ethereum prepares another higher low for a rally

ETH/USD האַנדלט אין אַ קייט פון $1,930.65 צו $2,014.37, וואָס ינדיקייץ מילד וואַלאַטילאַטי אין די לעצטע 24 שעה. די טריידינג באַנד איז דיקריסט מיט 4.29 פּראָצענט, אַ גאַנץ פון $ 14 ביליאָן, בשעת די גאַנץ מאַרק היטל טריידז אַרום $ 238.7 ביליאָן, ריזאַלטינג אין אַ דאַמאַנאַנס פון 18.79 פּראָצענט.

ETH/USD 4-hour chart: ETH ready to rally?

אויף די 4-שעה טשאַרט, מיר קענען זען עטהערעום פּרייַז setting another higher local low, indicating that push higher should soon follow.

Ethereum price action has continued to consolidate after a massive decline earlier this month ended with a new swing low at $1,700. From there, ETH/USD established resistance around the $2,100 to $2,150 area, which has since been retested several times.

During the start of this week, another local high was set at $2,100, indicating some bullish momentum. Additionally, we saw the $1,900 support clearly being rejected, meaning that a break lower is unlikely as of now.

Considering this Ethereum price action development, a rally higher should soon follow. Therefore, once ETH/USD returns above the $2,000 mark, a lot more upside could quickly follow by the end of this week.

עטהערעום פּרייַז אַנאַליסיס: מסקנא 

Ethereum price analysis is bullish today as we have seen a slight retest of the downside over the past hours and a higher low currently formed. ETH/USD should continue higher from there and look to break past the $2,100 mark over the next days.

בשעת ווארטן פֿאַר עטהערעום צו מאַך ווייַטער, זען אונדזער אַרטיקלען אויף ווי צו קויפן BTT, לאנג, און קראָ קאָינס.