The price of Ethereum (ETH) has been fairly stable over the past week. Price analysis by Coinidol.com.
לאנג-טערמין אַנאַליסיס פון די עטהערעום פּרייַז: בעריש
The price of Ether has remained steady, hovering between $3,200 and $3,700, with minimal price fluctuation over the past week. On March 27, Ether price was rejected at the 21-day SMA or resistance level of $3,700. Ethereum’s uptrend will continue if it breaks through this resistance level. Ether is currently trading at $3,592.
However, if the current resistance is breached, the largest altcoin will rise above the psychological price of $4,000.00. In contrast, Ethereum will continue to oscillate in a trading range where it fails to establish an uptrend above the 21-day SMA. Moreover, Ether will fall if it loses the 50-day SMA or the support at $3,200. The altcoin will fall to a low of $2,800.
עטהערעום גראדן אַנאַליסיס
The largest altcoin has been stuck between the moving average lines for over a week. The bulls and bears have not yet gained control of the price trend. This has led to the current price fluctuations. The price bars on the 4-hour chart are above the moving average lines, but the uptrend has stalled at the resistance at $3,700.
שליסל קעגנשטעל לעוועלס - $ 4,000 און $ 4,500
שליסל שטיצן לעוועלס - $ 3,500 און $ 3,000
וואָס איז דער ווייַטער ריכטונג פֿאַר עטהערעום?
Ethereum will continue to fluctuate within the narrow range as it encounters rejection at the recent high. On the 4-hour chart, the price of the cryptocurrency has reached a bullish exhaustion and is fluctuating below the $3,700 level. Doji candlesticks indicate the hesitation of buyers and sellers regarding the market direction.
Coinidol.com reported previously that Ether was moving between $3,200 and $3,600 price levels. The price movement has been stable as traders enter a period of hesitation.
אָפּלייקענונג. די אַנאַליסיס און פאָרויסזאָגן זענען די פערזענלעכע מיינונגען פון דעם מחבר און זענען נישט אַ רעקאָמענדאַציע צו קויפן אָדער פאַרקויפן קריפּטאָקוררענסי און זאָל ניט זיין וויוד ווי אַן ענדאָרסמאַנט דורך CoinIdol.com. לייענער זאָל טאָן זייער פאָרשונג איידער ינוועסטינג אין געלט.
Source: https://coinidol.com/ethereum-s-uptrend-continues-and-challenges-the-high-of-3-700/