Expectations for the price of etheleum (ethereumu-eth) After recording last week after the decline of Bigcoin (BTC), so how are the fishes doing?


The price of ethereuper enters the positive territory after last week’s decline by 7.3%, affected by the strong selling witnessed in Bitcoin. With the funds above support, traders began to ask: Are we facing the end of the wave, or the beginning of a wave of consolidation combined with this long-term play?

The price of ethereum is falling after breaking the chain of events that caused it to change in the technology

The price of the ethereum coin fell late last week to a multi-month high, reversing the trend that helped the wave to be corrected from a long time. Failure to rent around $3,500 keeps the market in a protective zone, while the lowest line reached since October continues to attempt a recovery.

An analysis of the daily chart confirms that this has changed, as the price of ethereur has started to weaken.

Canlestick candle sales also confirm the same design as the skin-hairy design, which often raises the bar for more attention.

Roads are renovating, and long-term payments are growing

The behavior of mahandas (big sellers) adds another dimension to the picture. Depending on the platform Glassesdepositors for 3 to 10 years will increase their deposit up to 45,000 ethereums per day, a maximum starting from February 2, 2021.

Chart comparing inflows / outflows of Instiments in eth f etfs and the price of money

In the past, we see this type of approach approaching large houses in the market, even at the end of the initial phases, or before the expansion that is several months away.

On the other hand, the functions of ethereur pompops etfs (ethereunt pomfs) declined, as the details of the platform Proficient in language The latter experienced daily strong currents with long-term gains, which confirm that these institutions are on the defensive. The blockchain economy and the wallet show that the big players are renovating instead of selling, but without much buying activity.

Ethereum key levels: Is $2,730 the last line of defense before $2,110?

Seeing Ether price forecast Incorrectly, as the price of money above $ 2,730 level of $ 2,730, which is a support area that formed the basis of the beginning of the end. Although the repetition of the heavenly events from the area from the area is seen, the technical indicators usually start to drop a little, only when the buyers can push the price above $ 3,500.

Therefore, what will be present at this time is failing to use the breakouts, which are the ones that tend to be followed by a deep correction that starts at the $2,110 termination zone.

IS/USD chart
Etheleum trend chart, source: Tradeveview

The best strategy for novice traders at the moment is to not wait to reach the bottom and guarantee returns in a valuable way:

  • Continuing the downward trend: Almost every day $ 2,730 reveals the price to continue bowing to $ 2,110, which is a long area that tempts buyers to enter.
  • Blusitish conversion: Retracement of the $3,500 barrier would stop the Bropback trend and set a path towards $3,960.

Until one of these, the price of ethereung will continue to move in a negative, and therefore not satisfactory way – it becomes a very well-trained strategy.

Bitcoin Hyper-Hyper: Is it the next evolution of Bitcoin on the blockchain?

It represents the network Bitcoin Hyper A new step in the Bitcoin blockchain technology system; While Brance Brackchain remains in the gold security, Bitcoin Hyper adds what has been missing: The speed that drives the solana operation.

New News supports the first dedicated 2 solution for Bitcoin access and virtual machines (svm), including the stability of the matcoin blockchain. The results: Ultra-First, Low-cost, integrated services (DAPPS), even Memeron, all protected by the high security of Bitcoin BlockChain.

Bitcoin Hyper Ipo and more about the project

The coin of the project has been successfully modified by the coinsodle team, which focuses on trust and ensures marriage. Therefore, it is already receiving a lot of attention, because its subscription has exceeded $ 27,7 million at a price of $ 0.013285 at the moment, before it has been increased.

Finally, with increasing work on the blockchain and the need for a useful service that allows the use of Bitcoin, Bitcoin Hyper connects you as a link between the two Cripto skills. If the Bitcoin blockchain is the foundation, then it is important Bitcoin Hyper Making it faster, more flexible and more fun than ever.

To participate in Bitcoin Here, click here

Post Expectations for the price of etheleum (ethereumu-eth) After recording last week after the decline of Bigcoin (BTC), so how are the fishes doing? he started first Cryptows Arabic.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *