עטהערעום פּרייַז אַנאַליסיס: ETH סלאָולי קאַנסאַלאַדייץ אַרום $ 1,250, ספּייק העכער ינקאַמינג?

עטהערעום פּרייַז אַנאַליסיס איז אַן אַנאַליסיס הייַנט ווייַל מיר האָבן געזען קאַנסאַלאַדיישאַן אַרום $ 1,250 נאָך בויערס ניט אַנדערש צו צוריקקומען יבערנאַכטיק. דעריבער, די קראַנט שנעל ריטעסט פון פרייַערדיק שטיצן וועט מסתּמא זיין גענוג פֿאַר ETH / USD צו געשווינד פאָרזעצן העכער אין די ווייַטער 24 שעה.

The market has traded in the red over the last 24 hours. The leader, Bitcoin, lost 1.37 percent, while Ethereum 1.83 percent. Meanwhile, the rest of the market has followed, with some of the top altcoins declining by over 10 percent. 

Ethereum price movement in the last 24 hours: Ethereum price action failed to gain momentum 

ETH/USD traded in a range of $1,220.22 to $1,277.61, indicating low volatility over the last 24 hours. Trading volume has declined by 44.9 percent, totaling $9.84 billion, while the total market cap traded around $151.6 billion, resulting in a dominance of 18.18 percent.

ETH / USD 4-שעה טשאַרט: ETH פּריפּערז צו פאָרזעצן העכער?

On the 4-hour chart, we can see quick retest of previous lows, likely as עטהערעום פּרייַז is ready to continue higher and look to recover above $1,350 resistance.

Ethereum price action has traded with strong selling pressure over the past days. After the last push lower on Wednesday, ETH/USD bounced from $1,100 support and established the current major swing low.

From there, ETH quickly recovered to $1,350, indicating a strong reversal signal for the upcoming week. Steady retrace and consolidation around $1,250 further confirmed the fact that reversal will play out over the rest of the month.

Currently, Ethereum price tests the downside around $1,200 support with low momentum, likely leading to reversal soon. Therefore, ETH/USD is ready to push even higher as local low is set in a clear way. Once buying pressure returns, we expect next week to start with another wave higher.

עטהערעום פּרייַז אַנאַליסיס: מסקנא 

עטהערעום פּרייַז אַנאַליסיס is bullish today as we have seen consolidation over the past days form a strong higher local low. Likely ETH/USD will soon continue higher from there, and look to reach the $1,400 next resistance.

בשעת ווארטן פֿאַר עטהערעום צו מאַך ווייַטער, זען אונדזער פּרייס פּרעדיקטיאָנס אויף קסדק, קאַרדינאָ, און ויסבייג.