Ethereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD.
Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend.
So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch.
Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum
So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets.
I hope that this idea support you!!!
Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend.
So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch.
Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum
So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets.
I hope that this idea support you!!!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.