WARNING

There are many fake pages on the internet (accounts, groups, bots, etc.) using our company name. BE ALERT all our official contacts are listed on CONTACTS page

04.05.2021

Ethereum Price Analysis: ETH Bulls Challenge 3.2 $ K After 36% Weekly Rise

Ethereum recorded an impressive price increase 7.5%, exceeding 3,000$ and reaching 3,200$. The coin has now gained a total of 36% in a week after rising above the symmetrical triangle last week.
Since the breakout, Ethereum has continued to set new ATH prices every day until it hited resistance at 2,800$ last Thursday. This was finally broken on Saturday when the bulls rallied to 2,950$. Today, a rally 7.5% has finally gotten past 3,000$ as ETH is now grappling with resistance at around 3,160$.
Looking ahead, the first resistance above the ATH is at 3225 $ (1.618 Fibonacci extension – blue). This is followed by 3325 $ (1.618 Fibonacci extension – red), 3400$, 3500$ (1.272 Fibonacci extension) and 3656 $(1.414 Fibonacci extension).

58 queries in 0.1523039341 seconds.
Mobile version only