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Ethereum Battle Persists: Will It Overcome The Struggles? Newsbtc há 4 dias

Ethereum Battle Persists: Will It Overcome The Struggles? 📉

Ethereum

Ethereum's price has struggled to continue moving higher after reaching the $3,420 mark, dipping toward the $3,150 range. Currently trading below both $3,250 and the 100-hourly Simple Moving Average, Ethereum faces potential hurdles if it attempts another increase. However, a renewed upward move is possible if it maintains support at $3,150.

The initial upward movement reached as high as $3,427, but the price later corrected. Significant resistances lie at $3,250 and $3,300, with further potential gains if it clears these obstacles.

Conversely, failure to break the $3,250 resistance may result in another decline toward major support levels of $3,120 and possibly $3,000.

Fonte: www.newsbtc.com ↗

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