Blog

The ETH committed is 2,477 dollars with the instant ETF flows



Global economic tensions and commercial conflicts continue to affect cryptocurrencies, as ETH appears flexibility despite uncertainty in the wider market.

The second largest encrypted currency is currently moving in a critical technical area ranging from $ 2,500-2530 dollars, which analysts have set as an immediate resistance that must be overcome to the ongoing upward upward movement.

The institutional interest is still strong, as the ETHEREUM spaced investment funds recorded in consecutive days of positive flows, indicating increasing confidence in the largest investors despite the recent fluctuations.

It highlights technical analysis

  • The 24 -hour ETH price movement revealed a large range of 3.5 % ($ 99.85).
  • A sharp sale during the middle of the night witnessed the price fell to $ 2,477.40, which led to the construction of a major support zone.
  • The extraordinary size (291,395 units, around 3x average) stressed the importance of the support level.
  • Buyers entered the support range of $ 2,467 -2,480 dollars, confirmed by high size accumulation during the 08: 00-09: 00.
  • Recent procedures appear in the bullish momentum with ETH to restore $ 2,515.
  • A potential low low pattern indicates that the correction may have found its hall.
  • An area of ​​$ 2,520-2,530 dollars remains the immediate resistance to overcome the ongoing upward movement.
  • A significant increase in climb at 13:35 a jump price from 2,515.85 dollars to $ 2,521.79, accompanied by an exceptional size (5,839 units).
  • A sharp reflection occurred at 14:00, as the price fell 5.07 points to $ 2,508.02 on a heavy size (4,043 units).
  • The scope is made up of 14.46 points (2,508.02 dollars-2,522.48 dollars) the correlation of the market.

External references




publish_date

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button