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TA: Ethereum Hesitates, Why Close Above $600 Could Spark Fresh Surge

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There was a break below the $600 support level and the 100 hourly simple moving average.

The price is currently consolidating above the $585 support and below the 100 hourly simple moving average.

To start a strong increase, the bulls need to gain strength above the trend line resistance, the 100 hourly SMA, and $600.

A downside break below the $585 support zone could put a lot of pressure on the bulls.

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sentiment (0) Neutral

TA: Ethereum Hesitates, Why Close Above $600 Could Spark Fresh Surge
published: 1 month ago
Ethereum is trading in a range below $600 and $602. ETH price could start a strong surge if there is a successful close above $600.

sentiment (-0.3) Negative

Article Metadata

2020-12-08 05:31:12

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twitter.com/AayushJs

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