Etherum ETH is preparing to bounce the price to $ 3,000 of excessive sales levels: Analysts

ETH, the second largest encrypted currency according to the market value, was recently sank to its weakest price compared to bitcoin (BTC) since late 2020 in A. The panic fueled by the warBut relief may be on the horizon.

“It seems that ETH is trying to create some bullish momentum and can finally restore over $ 3,000,” Joel Kruger said in a report on Tuesday morning. “Feelings have returned to the second largest encryption origin in the world Players move Take advantage of the last decline, “added.

“It seems that ETH is trying to create some bullish momentum and can finally restore over $ 3,000,” Joel Kruger said in a report on Tuesday morning. “The feelings towards the second largest encryption asset in the world have returned to a rise with many medium and long -term players to benefit from the last decline,” he added.

The ETHER (RSI) Relative Index, a major technical index represented by momentum, has decreased to approximately 35 %, which predicted the apostasy on several previous occasions of similar front levels, which the CRYPTO 10X analysis company was observed in a report.

Next Petra upgradeThe report added that the report is scheduled to provide a “modest wave of noise” in the next few weeks in the next few weeks in the next few weeks, the report can provide that a “modest wave of noise”, scheduled to provide a “modest wave of noise” in the weeks The next few in the next few weeks in the next few weeks, reports also can also provide reports that the reports are scheduled to provide a wave and the report said that the inflation report in the US consumer price index on Wednesday, if it reaches some extent with analysts’ expectations by a rate 2.9 % or less, market morale and ETH can enhance higher.

10X Research Analyst said that Ether is currently fighting with a major resistance of about 2650 dollars, and the outbreak of prices may be climbing to the next resistance level of about 3000 dollars.

Read more: The ether was weak, but the total closed value on Ethereum rises: Citi

ETH decreased by 20 % of its value over the past month, as the boundary market blew up on bitcoin, which was unified sideways in a narrow range around the level of $ 100,000. The second largest encryption has recently decreased by 1.5 % over the past 24 hours at 2644 dollars, and will translate a recovery from the current levels to $ 3,000 into a profit of 13.5 %.