Ethereum fell 7.38 percent to $ 2,840 in the last 24 hours. The price reduction was in response to resistance at the $ 3,200 range, but the second attempt to break the range was unsuccessful, forming a double top pattern.
Currently, in addition to the aforementioned support, another support, $ 100 away from the first support, is priced at $ 2,740, which together form an important range. If we see an increase in sales pressure in the market, with the failure of these two supports, the price will reach $ 2400.
The price has entered the suffering trend by leaving the uptrend channel. And this trend of suffering, if we do not see more decline in the market, will continue to the range of the downtrend line.
Ethereum's dominance remains in the minor support range of 19% as of the previous day, and yesterday's fluctuations in general have not had a significant impact on the investment trend in this currency. As mentioned earlier, the Ethereum chart in terms of bitcoin is bullish, and the fall of bitcoin will have little effect on the investment process on Ethereum.
zoomarz.com
Currently, in addition to the aforementioned support, another support, $ 100 away from the first support, is priced at $ 2,740, which together form an important range. If we see an increase in sales pressure in the market, with the failure of these two supports, the price will reach $ 2400.
The price has entered the suffering trend by leaving the uptrend channel. And this trend of suffering, if we do not see more decline in the market, will continue to the range of the downtrend line.
Ethereum's dominance remains in the minor support range of 19% as of the previous day, and yesterday's fluctuations in general have not had a significant impact on the investment trend in this currency. As mentioned earlier, the Ethereum chart in terms of bitcoin is bullish, and the fall of bitcoin will have little effect on the investment process on Ethereum.
zoomarz.com