Ethereum price usdt

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that ETH is approaching a strong rejection zone as it is the intersection of a horizontal support in green and lower trendlines in blue and red. So we wil Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that ETH is approaching a strong rejection zone as it is the intersection of a horizontal support in green and lower trendlines in blue and red. So we wil ETH has been selling off over the last couple of days. As of today, ETH has reached daily oversold levels on the daily RSI, the first time since the FTX collapse. The daily RSI being oversold on the bigger assets like ETH and BTC typically offers good risk-reward entries for bounce plays. To furth ETH has been selling off over the last couple of days. As of today, ETH has reached daily oversold levels on the daily RSI, the first time since the FTX collapse. The daily RSI being oversold on the bigger assets like ETH and BTC typically offers good risk-reward entries for bounce plays. To furth Hi dear traders ETH possible time ⏲️ to reverse. RSI over sold. Fill the FVG area. We can open long position with suitable stop-loss. All targets specified Let's see what happens This is not financial advice ( DYOR ) Good luck Hi dear traders ETH possible time ⏲️ to reverse. RSI over sold. Fill the FVG a...

In this article, we will focus on technical analysis since the coin’s fundamentals are well-known. They include the relatively dovish Federal Reserve decision and the upcoming Ethereum DeFi TVL Ethereum price daily analysis The chart shows that Ethereum price has been in a strong bullish trend in the past few weeks. It has moved above the ascending trendline that is shown in green. This trendline connects the lowest points on June 18, November 9, November 21, and December 19. Further, the ETH/USDT is trading at 1,675, which coincides with the highest point on November 5. Ethereum has also formed what looks like a cup and handle pattern, which is usually a bullish sign. The recent consolidation is part of the handle pattern. It has also moved slightly above the 23.6% Fibonacci Retracement level. The coin has moved above the 25-day and 50-day moving averages. Therefore, Ethereum price will likely continue rising as buyers target the key resistance level at 2,045 (August 13). This price is about 25% above the current level and is slightly higher than the 38.2% Fibonacci Retracement level. A drop below the support at $,500 will invalidate the bullish view. Ethereum price chart ETH/USDT price forecast 4H chart On the 4H chart, we see that the ETH/USDT price has been in a strong comeback in the past few weeks. It managed to cruise slightly above the important resistance at 1,661, the highest level on January 29 and 22. The coin has risen above the ascending trendline that connec...