Ethereum prices have been climbing since the 11th of January after spending the beginning of ’22 shedding value. But a weakening dollar and general market sentiment likely fueled this rebound. We are looking for an emerging trend that will likely test the levels shown in the chart above.
This almost contradicts Ethereum’s market cap which reached a stunning $397.762B most likely bolstered by the rush to the NFT market, which reached a $22bn market cap in 2021.
The levels which we are looking for are
1st Resistance: 3420
2nd Resistance: 3590
1st Support: 3213
2nd Support: 2946
If we see rates break through the second levels, we can reasonably expect new highs or lows, respectively.
This almost contradicts Ethereum’s market cap which reached a stunning $397.762B most likely bolstered by the rush to the NFT market, which reached a $22bn market cap in 2021.
The levels which we are looking for are
1st Resistance: 3420
2nd Resistance: 3590
1st Support: 3213
2nd Support: 2946
If we see rates break through the second levels, we can reasonably expect new highs or lows, respectively.
Come join us today at : easymarkets.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Come join us today at : easymarkets.com/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.