Crypto para Analysis Company Macrovision, Ethereum’un By publishing a new assessment of the price movement, he evaluated whether the asset was on the verge of reversing the trend or against another decline.
After a sales and subsequent recovery, Ethereum moves horizontally by processing below important resistance levels. Macrovision’s latest analysis reveals several critical factors that can determine Ethereum’s next move:
- The slight downward movement on the last 10 days seems to be corrective rather than being impulsive, which can be an indicator of ascension.
- Ethereum price 0.5 Fibonacci retreat level at $ 2,520, pointing to short -term stabilization.
- $ 2,850 : A key resistance level with important liquidity. A breaking here may indicate the first ascension movement.
- $ 3,273: Critical breakage level. A movement on it can return Ethereum to a medium -term rise trend.
- $ 2,520 (0.5 fibonacci withdrawal): Short -term continues to be a significant support.
- 2,360 – $ 2,410: A strong support zone with high liquidity and gold pocket area. This level should be protected to prevent further decrease.
When this article is written, the price of ETH is traded for $ 2,710.
According to the analysis company, Ethereum shows symptoms of stabilization, but a breaking above $ 2,850 is essential to reveal further upward potential. If this level cannot be exceeded, the risk of testing lower support zones continues to remain high.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/ethereumun-kaderi-belirleniyor-analiz-sirketi-mutlaka-korunmasi-gereken-fiyat-seviyelerini-ve-direncleri-acikladi/
