2021-05-25 10:52:40
Ethereum (Eth/Usd) Embarks on a Slight Rallying Move
Ethereum Price Prediction – May 24
The ETH/USD price has seemingly embarked on a rallying movement from the depth of a lower trading zone. The crypto market now sees an increase of 15.54% at the market value of around $2,425.
ETH/USD Market
Key Levels:
Resistance levels: $3,000, $3,500, $4,000
Support levels: $2,000, $1,700, $1,400
It is showcased on the ETH/USD chart that after a couple of days of downward forces, a promising bullish candlestick is now in the forming to signify a return of upswing. Today’s session seems to potentially mark the beginning of an upswing after finding support around the level of $2,000. The bearish trend-line has drawn across the smaller SMA to the south. The 14-day SMA trend-line has slightly curved southwardly at a far point above the 50-day SMA. And, also the...
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