Ethereum

Rise

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<ul> 
 <li>If Ethereum fails to close 30-minute candles above the $1827 level, a downward movement towards the gray area indicated on the chart may occur.</li> 
 <li>If ETH manages to bounce back from the $1775 – $1787 support range, it can achieve an upward movement towards the $1828 level.</li> 
 <li>If Ethereum closes daily candles above the $1847 level, the next resistance point will be $1930.</li> 
</ul> 
<p><strong>When analyzing the current price of Ethereum, we focus on its movement above the $1827 level. It is also important to observe how ETH moves between specific support and resistance zones.</strong></p> 
<h2 id="strong-medium-term-eth-analysis-strong"><strong>Medium-Term ETH Analysis</strong></h2> 
<p><a href="https://en.coinotag.com/wp-content/uploads/2023/06/Can-Ethereum-Rise-to-2000-June-21st-ETH-Analysis.png"><img decoding="async" class=" td-modal-image alignnone wp-image-133963 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/Can-Ethereum-Rise-to-2000-June-21st-ETH-Analysis.png" alt="8-Hour ETH/USD Price Chart" width="2710" height="1356"></a><br> 8-Hour ETH/USD Price Chart</p> 
<p>According to the current technical chart, Ethereum is moving above the $1777 resistance level. As mentioned in previous analyses, the upward movement started when ETH broke the $1777 level.</p> 
<p>If Ethereum continues to close daily candles above the $1777 level, it can achieve an upward movement towards the $1847 level. Currently, ETH is trading around $1811.</p> 
<p>However, if ETH fails to sustain the upward movement at the $1847 level, a downward movement towards the $1777 region may occur again.</p> 
<p>If ETH successfully closes daily candles above the $1847 level, the next significant resistance point will be $1930. If Ethereum surpasses the $1930 resistance, it can experience an upward movement towards the $2000 level.</p> 
<h2 id="strong-short-term-eth-analysis-strong"><strong>Short-Term ETH Analysis</strong></h2> 
<p><a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687348085_533_Can-Ethereum-Rise-to-2000-June-21st-ETH-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-133965 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687348085_533_Can-Ethereum-Rise-to-2000-June-21st-ETH-Analysis.png" alt="15-Minute ETH/USD Price Chart" width="2990" height="1654"></a></p> 
<p>15-Minute ETH/USD Price Chart</p> 
<p>According to the price analysis of Ethereum, if ETH fails to close 30-minute candles above the $1827 level, a downward movement towards the gray area indicated on the chart may occur.</p> 
<p>If ETH manages to bounce back from the $1775 – $1787 support range mentioned in the analysis, it can potentially achieve an upward movement towards the $1828 level.</p> 
<p>In order for Ethereum to initiate a downward movement towards the mentioned support range, it first needs to close candles below the $1800 level. If ETH closes candles below $1800, it can extend the downward movement towards the $1775 – $1787 level.</p>  
<p>The post <a rel="nofollow" href="https://en.coinotag.com/can-ethereum-rise-to-2000-june-21st-eth-analysis/">Can Ethereum Rise to $2000? June 21st ETH Analysis</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.</p>

Can Ethereum Rise to $2000? June 21st ETH Analysis

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