#ETH -hour chart: What is Ether doing? Pulling up the moving averages. The 34-day moving average is expected to reach around 2550 at about 21:30 tonight.
What is the 15-minute chart doing? Supporting the 1-hour chart by moving sideways.
For now, 2550 is holding. As long as it doesn’t break below that, things will stay as they are.
There are about 4 hours and 15 minutes until 21:30.
For the price to move higher, it must break above the previous high of 2586 and have the candle body hold above the 200-day moving average. Only then can we look toward 2600 and above.
What is the 15-minute chart doing? Supporting the 1-hour chart by moving sideways.
For now, 2550 is holding. As long as it doesn’t break below that, things will stay as they are.
There are about 4 hours and 15 minutes until 21:30.
For the price to move higher, it must break above the previous high of 2586 and have the candle body hold above the 200-day moving average. Only then can we look toward 2600 and above.