Hello Traders!
ETH developers are promising a move to the POS mining algorithm after the second quarter of 2022, which could serve as a trigger for the asset's price to rise in the long term.
The local asset started moving within the uptrend. On the market correction, the price tested MA100 on the daily timeframe.
Looking for purchases is reasonable near the current price values of $2950 - $3150
It is worth closing the deal at stop loss in case the price falls below the price mark of $2675.
Target profit taking will be price levels of
$3970
$4167
$4372
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ETH developers are promising a move to the POS mining algorithm after the second quarter of 2022, which could serve as a trigger for the asset's price to rise in the long term.
The local asset started moving within the uptrend. On the market correction, the price tested MA100 on the daily timeframe.
Looking for purchases is reasonable near the current price values of $2950 - $3150
It is worth closing the deal at stop loss in case the price falls below the price mark of $2675.
Target profit taking will be price levels of
$3970
$4167
$4372
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice