您现在的位置是:ETH’s rally could extend above $2,000 >>正文
ETH’s rally could extend above $2,000
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛731人已围观
简介Ether rallied by over 5% yesterday to reach the $2k level again and is now sitting just below that f...
Ether rallied by over 5% yesterday to reach the $2k level again and is now sitting just below that figure
The cryptocurrency market performed well yesterday, with Bitcoin surpassing the $30k level to trade above $32k again. Ether jumped by over 5% yesterday after the losses it recorded on Tuesday.
By the end of Wednesday, ETH was trading at $1,996 per coin. It began Wednesday in a bearish tone, falling to an intraday low of $1,754.27 before the rally began. ETH was able to steer clear of the 62% FIB of $1,725 and its first major support level at $1,724. The rally saw Ether reach a late intraday high of $2,033.16.
Although it has dropped below the $2k mark again at the time of writing, Ether looks primed to rally again, especially if it gains the support of the broader cryptocurrency market.
#Bitcoin is getting into this range, which we've been acting in for days.
Resistance of that range seems to be approaching.
As long as #Bitcoin sustains above $31K, all good. pic.twitter.com/b6YQxqWNfQ
— Michaël van de Poppe (@CryptoMichNL) July 21, 2021
ETH price outlook
The ETH/USD 4-hour chart is a very bullish one at the moment, with the general momentum from the market expected to push it higher in the coming hours. ETH would need to steer clear of the $1,928 pivot point to surpass the first major resistance level at $2,102.
If ETH gets support from the broader crypto market, it could surpass Wednesday’s high of $2,033.16 and likely reach $2,050. Barring an extended market rally, the first major resistance level will likely limit further upside.
ETH/USD chart. Source: Coinalyze
However, if there is a market-wide crypto rally, Ether could bring the resistance at $2,250 into play before a pullback. The cryptocurrency’s second major resistance level sits at $2,207.
On the other hand, if Ether drops below the $1,928 mark, the bulls would be forced to defend the first major support level at $1,823. Unless there is a massive sell-off, Ethereum should comfortably stay away from its 62% FIB of $1,725, with the second major support level currently sitting at $1,649.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/2473.html
相关文章
Dogecoin: will the meme coin fly on 4/20? Where to buy DOGE ‘stock’ right now
ETH’s rally could extend above $2,000DOGE is up by more than 5x since last week, and many experts predict it could surge from $0.40 to $0...
阅读更多
IOTA (MIOTA) is 61% down from this year’s all
ETH’s rally could extend above $2,000IOTA (MIOTA) has in recent weeks remained one of the strugglers in the crypto market. The coin is in...
阅读更多
You can now buy 2030 Floki, here’s where
ETH’s rally could extend above $2,000The live 2030 Floki price today is $0.000022 with a 24-hour trading volume of $43,167. That may not...
阅读更多
热门文章
- Ending Windows 10 support could generate 480 Mkg of e
- Bitcoin Eyes $65k Ahead of Coinbase’s Listing
- Lockheed Martin delivers 75th radar for US Navy E
- China bans crypto services again
- Sierra Space's Dream Chaser spacecraft enters final testing phase at NASA
- Top places to buy KIN, integrates across web and mobile
最新文章
Sotheby's becomes first auction house to accept cryptocurrency
PureStake raises $6M for Polkadot parachain
Meta ChatGPT: Meta developing an AI model more powerful than LLaMa 2
Getty Images launches a text
Prominent Investors Back Block.One Exchange
PeLEDs offer to make encryption cheaper and more sustainable