Ethereum chart analysis
The price of ethereum continues to recover after falling to $ 1,697 last week. Since then, the price has been moving in sideway consolidation in the range of 1950-2150 dollars. We will soon be approaching the MA200 moving average and a possible break above to continue the bullish recovery. If the price manages to consolidate at $ 2,200, then we could expect to see a recovery to the next resistance zone of $ 2,400-2450. We need to pullback below the $ 1950 price for the bearish option and stay on that level. Our following bearish targets are $ 1860, $ 1800 and $ 1697 this year’s minimum.
The price of ethereum continues to recover after falling to $ 1,697 last week. Since then, the price has been moving in sideway consolidation in the range of 1950-2150 dollars. We will soon be approaching the MA200 moving average and a possible break above to continue the bullish recovery. If the price manages to consolidate at $ 2,200, then we could expect to see a recovery to the next resistance zone of $ 2,400-2450. We need to pullback below the $ 1950 price for the bearish option and stay on that level. Our following bearish targets are $ 1860, $ 1800 and $ 1697 this year’s minimum.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals