ETH/USDT Market Update
Ethereum is currently trading at the level of $1,915 – $1,925.
After an upward trend at the beginning of the month, ETH is consolidating around the critical level of $1,900 support level. Price action remains relatively tight, with buyers defending the $1,900, with sellers pressing hard at the level of $1,930 – $1,940. The following factors are noteworthy:
• The price holds above the crucial level of $1,900
• The short-term resistance is located at the level of $1,930 – $1,950
• In the last couple of sessions, ETH was consolidating within a narrow range
• The price remains far from the record-breaking level of almost $4,950.
ETH is following the broader market trend, exhibiting a resilient but range-bound performance so far. Are you considering buying the dips in ETH or waiting for the price to break out above the level of $1,950?
#ETH #Ethereum #ETHUSDT #Crypto #Trading $ETH
Ethereum is currently trading at the level of $1,915 – $1,925.
After an upward trend at the beginning of the month, ETH is consolidating around the critical level of $1,900 support level. Price action remains relatively tight, with buyers defending the $1,900, with sellers pressing hard at the level of $1,930 – $1,940. The following factors are noteworthy:
• The price holds above the crucial level of $1,900
• The short-term resistance is located at the level of $1,930 – $1,950
• In the last couple of sessions, ETH was consolidating within a narrow range
• The price remains far from the record-breaking level of almost $4,950.
ETH is following the broader market trend, exhibiting a resilient but range-bound performance so far. Are you considering buying the dips in ETH or waiting for the price to break out above the level of $1,950?
#ETH #Ethereum #ETHUSDT #Crypto #Trading $ETH