ETH MOVMENT SINCE 2020/What's Next ? 595 Or 7103
Hello Traders
The overall market traded in the green over the last 24 hours. The market leaders, Bitcoin and Ethereum are up by 4.32 and 6.63 percent, respectively. Meanwhile, the rest of the top altcoins have seen an even better performance.
Ethereum price movement in the last 24 hours: Ethereum returns above $3,100
ETH/USD traded in a range of $2,930.01 – $3,147.78, indicating mild volatility over the last 24 hours. Trading volume has decreased by 19.59 percent and totals $22.3 billion, while the total market cap trades around $368.7 billion, resulting in the market dominance of 18.62 percent.
Ethereum price action has seen bearish momentum over the past weeks. After peaking at around $4,000 at the start of September, the first drop lower was seen on the 7th of September.
Support was found above $3,100, with several days of consolidation sideways following. After a small upsurge to $3,650, ETH dropped lower again starting from 17th of September. (As I mention in my last Chart and analysis last week. You can fund it in Attach).
Support was found at $2,640 this time on Tuesday, with a sharp reaction yesterday. Since the bullish momentum has continued today, we expect the Ethereum price to see further upside over the next 24 hours.
Ethereum Price Analysis: Conclusion
Ethereum price analysis is bullish as bulls have pushed back above the $3,100 mark today. As long as the momentum continuum, we expect ETH/USD to see further upside over the next 24 hours.
Coin Gape
Support with your comment and like, Please Trade base on your knowledge and research, always plan your strategy before entering the market,.
1D Time Chart:
10 out of 22 Indicators that I used to draw the Chart Gives Sell signal other 10 Neutral signal and only 2 of them ar Buy Signal .
I personally Looking for Buy Dipper ( 2200 ).
The rest of the Key Levels you can Fund in the Chat it Selfie and That is that.
Happy Trading
The overall market traded in the green over the last 24 hours. The market leaders, Bitcoin and Ethereum are up by 4.32 and 6.63 percent, respectively. Meanwhile, the rest of the top altcoins have seen an even better performance.
Ethereum price movement in the last 24 hours: Ethereum returns above $3,100
ETH/USD traded in a range of $2,930.01 – $3,147.78, indicating mild volatility over the last 24 hours. Trading volume has decreased by 19.59 percent and totals $22.3 billion, while the total market cap trades around $368.7 billion, resulting in the market dominance of 18.62 percent.
Ethereum price action has seen bearish momentum over the past weeks. After peaking at around $4,000 at the start of September, the first drop lower was seen on the 7th of September.
Support was found above $3,100, with several days of consolidation sideways following. After a small upsurge to $3,650, ETH dropped lower again starting from 17th of September. (As I mention in my last Chart and analysis last week. You can fund it in Attach).
Support was found at $2,640 this time on Tuesday, with a sharp reaction yesterday. Since the bullish momentum has continued today, we expect the Ethereum price to see further upside over the next 24 hours.
Ethereum Price Analysis: Conclusion
Ethereum price analysis is bullish as bulls have pushed back above the $3,100 mark today. As long as the momentum continuum, we expect ETH/USD to see further upside over the next 24 hours.
Coin Gape
Support with your comment and like, Please Trade base on your knowledge and research, always plan your strategy before entering the market,.
1D Time Chart:
10 out of 22 Indicators that I used to draw the Chart Gives Sell signal other 10 Neutral signal and only 2 of them ar Buy Signal .
I personally Looking for Buy Dipper ( 2200 ).
The rest of the Key Levels you can Fund in the Chat it Selfie and That is that.
Happy Trading
Trade active:
THE KEY LEVEL ARE THERE IN THE CHART AND THIS WILL BE THE LAST OPPORTUNITY TO BUY DIP .
I PERSONALLY OPEN POSITIONS TO BUY ON 2230-2360-2558-2660
HAPPY TRADING
I PERSONALLY OPEN POSITIONS TO BUY ON 2230-2360-2558-2660
HAPPY TRADING
Largest Ethereum Mining Pool Shuts Down Services in China
Spark Pool, the largest Ethereum mining pool that accounts for 25% of the network's total hashrate, that it will no longer provide services for miners located in mainland China.It cites the need to comply with the latest regulatory policies as the reason behind the decision to close up shop in the country.The specific details of its shutdown plan will be revealed in the near future.
As reported by U.Today, China keeps turning the screws on the crypto industry, with its central bank announcing earlier today that all crypto-related business activities have been outlawed.China's planning agency will also strengthen the ongoing crackdown on the remnants of its once-thriving cryptocurrency mining sector.Spark Pool says that it will actively cooperate with relevant departments on supervision measures.