- Ethereum reversed from the support zone
- Likely to rise to resistance level 4400.00.
Ethereum cryptocurrency recently reversed up from the support zone between the key support level 3400.00 (which also reversed the price in August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Bullish Engulfing.
Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 4400.00.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。