Hi ⚡
As can be seen in the chart, during the last week, Ethereum digital currency has grown by about 28%. which was able to break the roof of its descending channel upwards. Currently, the trend of this cryptocurrency has taken an upward trend, which is still involved in its $1,600 resistance.
It is expected that after this upward spike movement, the price will need correction and range (neutral) movement.
According to the analysis of the Glassnode site, the short-term and long-term holders of the Ethereum network, with the growth of the price and being in the resistance range, we see the strengthening of the hope phase among them, which, along with other factors of the Ethereum network, the possibility of reducing It provides medium-term sales pressure for the network.
Resistances: $1,800, $2,000
Sponsorships: $1350, $1200, $1000
Arztoday Team ✔✔
As can be seen in the chart, during the last week, Ethereum digital currency has grown by about 28%. which was able to break the roof of its descending channel upwards. Currently, the trend of this cryptocurrency has taken an upward trend, which is still involved in its $1,600 resistance.
It is expected that after this upward spike movement, the price will need correction and range (neutral) movement.
According to the analysis of the Glassnode site, the short-term and long-term holders of the Ethereum network, with the growth of the price and being in the resistance range, we see the strengthening of the hope phase among them, which, along with other factors of the Ethereum network, the possibility of reducing It provides medium-term sales pressure for the network.
Resistances: $1,800, $2,000
Sponsorships: $1350, $1200, $1000
Arztoday Team ✔✔
