ETH on HUOBI dumps - but Ethereum 2.0 on the way!
Ethereum would need to avoid a fall through the pivot level at $590.23 to support a run at the first major resistance level at $630.46.
Support from the broader market would be needed, however, for Ethereum to break out from Monday’s high of $611.43.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another breakout, Ethereum could test resistance at $650 before any pullback. The second major resistance level sits at $651.66.
Failure to avoid a fall through the $590.23 pivot would bring the first major support level at $569.03 into play.
Barring an extended sell-off, however, Ethereum should steer clear of sub-$550 levels. The second major support level sits at $528.80.
Looking at the Technical Indicators
First Major Support Level: $569.03
Pivot Level: $590.23
First Major Resistance Level: $630.46
23.6% FIB Retracement Level: $486
38.2% FIB Retracement Level: $409
62% FIB Retracement Level: $283
Support from the broader market would be needed, however, for Ethereum to break out from Monday’s high of $611.43.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another breakout, Ethereum could test resistance at $650 before any pullback. The second major resistance level sits at $651.66.
Failure to avoid a fall through the $590.23 pivot would bring the first major support level at $569.03 into play.
Barring an extended sell-off, however, Ethereum should steer clear of sub-$550 levels. The second major support level sits at $528.80.
Looking at the Technical Indicators
First Major Support Level: $569.03
Pivot Level: $590.23
First Major Resistance Level: $630.46
23.6% FIB Retracement Level: $486
38.2% FIB Retracement Level: $409
62% FIB Retracement Level: $283
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.