The Ethereum Prize is in a bearish zone against US dollars, but it is stable against Bitcoin. ETH / USD is currently rising higher, but facing a crucial obstacle near $ 1,020.
There was a big disadvantage moving from well over $ 1,100 in ETH price against US Dollar. The price fell sharply and moved below $ 1,100 and $ 1,020 support levels. During the downside movement, there was a break under a big bullish trend line with $ 1,115 support on the 4-hour chart for ETH / USD.
Therefore, the levels of $ 1,020 and $ 1,025 are important resistance levels. Can we break through, he price will more likely continue much highere.
Crucial resistance on 4 hour time frame is $900. Before it was a support level, as it served as a bounce off point on January 23, but day before yesterday the price went down and $900 Support was broken.
As of now, Ethereum has lost more to BTC than BTC has lost agains USD.
thanks for information great work bro.😊
great work bro keep it up .. :)
will definitely be able to break through, as long as eth is still stabil with bit coin then comparison with us dollar will be good,
Good work. Nice information for the steemians. Thanks for sharing. Upvoted
Technical analysis is not always correct its highly volatile at this time can go up or down
That's how it is with fundamental analysis as well, not only technical. But the probability is on our side, because the price is on a strong demand area.
Prices of other coins are hampered but prices of ethereum are increasing. But it is in turtle speed.
I am certainly opting to trade ETH pairs at the moment less volatility compared to BTC.
I think we will have a new No.1 shortly on coin market cap if it continues to perform he way it is
the ETH believe that it will continue to grow and in the future we will not be surprised if it is the number 1 coin.
greetings great post
We can break it. it will be much higher
I hope so.
Good anaylist but brother i heared about the crypto currency one bad news one crypto currency do a frud and close his website :(
brother i think now the bad time started for the crypto currency :)
Bad news will always be there. I'm pretty sure after chinese new year, the market will go the right direction.
Man this guy is a joke second post and hes still full of same shit. Do you like put random made up graph for every single crypto out there and claim it will blow up. lol this guy is so funny. I dont even claim to be an expert on this subject but even i can see you are full of shit and crypto will continue to decline in next few months or try to stay at same price point at best. Always wondered how people like you sleep at night trying to sucker out hard working people into giving you their money, while on the other side you probably didnt work a day of real work in your life. Atleast write "in your own opinion" in your post dumbass. Btw people its clear that ETH will fall to pre new year value of around 700$ if not even more, or crawl between 700 and 800 value. And that is me being optimistic. It will probably go down to 400 - 600 range like it was. You dont need a supercomputer or fancy graph with bad math to see whats going on.