עטהערעום פּרייַז אַנאַליסיס: ETH סלאָולי ריטעסטז קאַפּויער ביי $ 1,700, ווייַטער שטופּן נידעריקער ווייַטער?

עטהערעום price analysis is bearish today as we have seen a reaction higher after declining at the end of the last week. Therefore, ETH/USD should soon set a lower local high and continue even lower over the rest of the week.

The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 1.51 percent, while Ethereum gained 1.5 percent. Meanwhile, קאַרדינאָ (ADA) is the top performer for the day as it gained around 70 percent.

Ethereum price movement in the last 24 hours: Ethereum moves to $1,700

ETH/USD האַנדלט אין אַ קייט פון $1,595.63 צו $1,678.10, וואָס ינדיקייץ מילד וואַלאַטילאַטי אין די לעצטע 24 שעה. די טריידינג באַנד איז דיקריסט מיט 5.52 פּראָצענט, אַ גאַנץ פון $ 19 ביליאָן, בשעת די גאַנץ מאַרק היטל טריידז אַרום $ 202 ביליאָן, ריזאַלטינג אין אַ דאַמאַנאַנס פון 18.66 פּראָצענט.

ETH/USD 4-hour chart: ETH looks to drop further?

די 4-שעה טשאַרט ווייזט עטהערעום פּרייַז action setting another quick test of upside with low momentum, indicating that further decline will soon follow.

Ethereum price action saw a strong upswing last week, resulting in a strong higher high set at $1,760. DOGE/USD saw several days of consolidation later in the week as selling pressure slowly returned early this week.

Decline followed as low as the $1,560 mark, where the current local low is located. No further downside followed yesterday, leading DOGE to return higher during the second half of the day.

After the first slight spike higher, Dogecoin price found resistance at $1,680, with another retest seen during the past hours. Therefore, DOGE/USD is ready to drop even lower over the next few days as further retracement still needs to be made.   

עטהערעום פּרייַז אַנאַליסיס: מסקנא 

עטהערעום פּרייַז אַנאַליסיס is bearish today as we have seen a slight reaction higher back to $1,680 previous resistance. From there, we expect ETH/USD to drop lower again and move its way towards the next support at $1,500. 

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