Ethereum was accompanied by a drop in prices yesterday as whale sales pressure increased. The price reacted exactly to the $ 3,000 support, and went back up. The formation of the double bottom pattern in Ethereum can return the price to a minimum of $ 3400 and in case of resistance of $ 3400, it can continue in the range of 3600 to 3800 $. This is confirmed by the RSI indicator, which detects a positive divergence. At the time of this analysis, the price is trading in the $ 3140 range.
As we expected from yesterday's price trend, hitting the $ 3,000 support floor could be a good return. This is happening. The price reacted well, but there is a possibility of another collision. The RSI indicator shows that if the current resistance level of $ 3150 is broken with strength, this price will become a support, and buyers can use it to determine their goals.
ZOOMARZ.COM
As we expected from yesterday's price trend, hitting the $ 3,000 support floor could be a good return. This is happening. The price reacted well, but there is a possibility of another collision. The RSI indicator shows that if the current resistance level of $ 3150 is broken with strength, this price will become a support, and buyers can use it to determine their goals.
ZOOMARZ.COM