Despite a 7% spike for Ethereum in the last 48 hours, followed by a steep decline, the possibility of a bullish rally remains low. The price has yet to recover from the major drops that took place in September.
The first step towards bullish sentiment would be to reclaim the critical level of $1,550.
ការវិភាគបច្ចេកទេស
ដោយ Grizzly
តារាងប្រចាំថ្ងៃ
As seen below, an ascending triangle pattern (in yellow) has developed on the ETH/USDT trading pair chart. This pattern is textbook bullish (most breakouts’ direction is to the bullish side), but the price is still nowhere near breaking the top of this triangle.
The horizontal level of $1,550 (in red) has become crucial support since early August but now has become a strong resistance. This is the first significant barrier before attempting for $2000.
Assuming the price can not surpass the $1,550 mark and drops to the bottom of the triangle, the possibility of breaking to the downside increases with each attempt. Additionally, if ETH drops below $1,240, a retest of $1,000 is not out of the question.
In conclusion, the above-mentioned horizontal levels of $1,420 and $1,550 should be watched closely.
កំរិតគាំទ្រគន្លឹះ៖ ៤៤០,០០ ដុល្លារនិង ៤៧០,០០ ដុល្លារ
កំរិតតស៊ូគន្លឹះ៖ ៤៤០,០០ ដុល្លារនិង ៤៧០,០០ ដុល្លារ
មធ្យមផ្លាស់ទីប្រចាំថ្ងៃ៖
MA20៖ ១.០២ ដុល្លារ
MA50៖ ១.០២ ដុល្លារ
MA100៖ ១.០២ ដុល្លារ
MA200៖ ១.០២ ដុល្លារ
តារាង ETH/BTC
Against Bitcoin, the price action has not changed structurally over the past week. Buyers maintain the critical level of 0.066-0.067 BTC (in green). Unless ETH breaks below, another attempt to breach the horizontal barrier at 0.073 BTC is likely (marked in red).
Breaking above this level is critical since it would be interpreted as a trend reversal sign.
កំរិតគាំទ្រគន្លឹះ៖ 0.067 និង 0.065 BTC
កំរិតតស៊ូគន្លឹះ៖ 0.073 និង 0.08 BTC
ការវិភាគលើសង្វាក់
Coinbase Premium Index (SMA 7)
Definition: The differing percentages between Coinbase Pro price (USD pair) and Binance price (USDT pair). High premium values could indicate intense buying pressure on behalf of US-based investors.
As this metric rises, US investors are steadily shifting away from their feelings of doubt and uncertainty. Because USA macroeconomic data heavily influence financial markets, it is vital to analyze the movements of American traders.
This index is still below the zero line (in blue), and gaining momentum above it signals a favorable sentiment.
Binance ឥតគិតថ្លៃ 100 ដុល្លារ (ផ្តាច់មុខ): ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងទទួលបាន $100 ឥតគិតថ្លៃ និងថ្លៃសេវា 10% លើ Binance Futures ខែដំបូង (លក្ខខណ្ឌ).
ការផ្តល់ជូនពិសេសរបស់ PrimeXBT៖ ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងបញ្ចូលលេខកូដ POTATO50 ដើម្បីទទួលបានប្រាក់រហូតដល់ 7,000 ដុល្លារលើការដាក់ប្រាក់របស់អ្នក។
ការបដិសេធ: ព័ត៌មានដែលរកឃើញនៅលើគ្រីបតូប៉ូតូតូគឺជាព័ត៌មានរបស់អ្នកនិពន្ធ។ វាមិនតំណាងឱ្យគំនិតរបស់គ្រីបតូប៉ូតូតូថាតើត្រូវទិញលក់ឬកាន់កាប់ការវិនិយោគណាមួយទេ។ អ្នកត្រូវបានណែនាំឱ្យធ្វើការស្រាវជ្រាវដោយខ្លួនឯងមុនពេលធ្វើការសម្រេចចិត្តវិនិយោគណាមួយ។ ប្រើព័ត៌មានដែលបានផ្តល់ជូនតាមហានិភ័យរបស់អ្នក។ សូមមើលការបដិសេធសម្រាប់ព័ត៌មានបន្ថែម។
តារាង Cryptocurrency ដោយ TradingView ។
Source: https://cryptopotato.com/eth-nearing-key-support-1k-to-be-retested-if-it-breaks-ethereum-price-analysis/