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Ethereum is trading in the red at 1,791 at the time of writing. In the short term, the rate continues to challenge the immediate downside obstacles. The upside pressure remains high as Bitcoin maintains a bullish bias.
ETH/USD dropped by 2.35% from yesterday's high of 1,830 to 1,787 today's low. The altcoin is down by 1.04% in the last 7 days and is up by 0.16% in the last 24 hours.
From the technical point of view, ETH/USD is trapped between 1,854 and 1,757 levels. Now, it is challenging the median line (ml) which represents a dynamic support.
The false breakdown with great separation below 1,757 announced strong buyers. Still, further growth needs strong confirmation.
Staying above the median line (ml) and making a valid breakout through 1,854 activates further growth. This is seen as a buying opportunity.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
