🚀🇹🇷 Although the Ethereum price has been in a downward trend in recent months, the hope for an increase still remains! Here's why:
- On the daily chart, the price tested the $1,750 resistance level without success.
- The 50-day moving average is currently providing support around $1,650.
- If these levels are maintained, a rally towards the 200-day moving average of $1,800 is possible. 📈
On the 4-hour chart:
- The price is in a critical zone and is hovering around the $1,650 short-term support zone.
- If this level is maintained, the price could start a new rally and rise above $1,750 and target the $2,000 level in the coming months. 🎯
So, do you think the Ethereum price will rise? We are waiting your comments! 💬😉
- On the daily chart, the price tested the $1,750 resistance level without success.
- The 50-day moving average is currently providing support around $1,650.
- If these levels are maintained, a rally towards the 200-day moving average of $1,800 is possible. 📈
On the 4-hour chart:
- The price is in a critical zone and is hovering around the $1,650 short-term support zone.
- If this level is maintained, the price could start a new rally and rise above $1,750 and target the $2,000 level in the coming months. 🎯
So, do you think the Ethereum price will rise? We are waiting your comments! 💬😉