On March 16, the price of Ethereum (ETH) broke out above the moving averages as the altcoin reached a high of $2,986. However, the uptrend was short-lived as the largest cryptocurrency met fierce rejection at the $3,000 resistance zone.
Ether retreated and found support above the moving averages. Ether is expected to rise and retest the $3,000 resistance level. A breakout above the recent high will push the altcoin to the high of $3,200. Currently, Ether is moving above the moving averages. However, if the bears break below the moving averages, the downtrend will resume. In the meantime, buyers are ready to push the altcoin to the previous highs.
ការវិភាគសូចនាករ Ethereum
The largest altcoin is at level 56 of the Relative Strength Index for the period 14. The cryptocurrency is in the uptrend zone and is capable of further upward movement. Ether is above the 25% range of the daily stochastic. The market is in a bullish momentum. The 21-day moving average line and the 50-day moving average line are up, indicating an uptrend.
សូចនាករបច្ចេកទេស:
កំរិតធន់ទ្រាំសំខាន់ៗ - ១៨០ ដុល្លារនិង ១៦០ ដុល្លារ
កំរិតគាំទ្រសំខាន់ៗ - ១៤០ ដុល្លារនិង ១២០ ដុល្លារ
តើអ្វីជាទិសដៅបន្ទាប់សម្រាប់ Ethereum?
On the 4-hour chart, Ethereum has resumed its uptrend. The Ether price has broken above the moving average and has reached the resistance level of $3,000. The downtrend has resumed after being rejected twice at the recent high. Meanwhile, the March 17 uptrend has a candle body testing the 78.6% Fibonacci retracement level. The retracement suggests that ETH will rise to the Fibonacci extension level of 1.272 or $2,929.22. The market has reached the Fibonacci extension level of 1.272 and is moving down.
ការបដិសេធ។ ការវិភាគនិងការព្យាករណ៍នេះគឺជាគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធហើយមិនមែនជាអនុសាសន៍ក្នុងការទិញឬលក់គ្រីបគ្រីចៀនិងមិនគួរត្រូវបានចាត់ទុកថាជាការយល់ព្រមរបស់ខូនអាយដុលទេ។ អ្នកអានគួរធ្វើការស្រាវជ្រាវរបស់ពួកគេមុនពេលវិនិយោគមូលនិធិ។
Source: https://coinidol.com/ethereum-revisits-3000-hurdle/