Ethereum

<h2 id="eth-is-facing-resistance-at-2-330-might-soar-if-it-close-over-2-350">ETH is facing resistance at $2,330; might soar if it close over $2,350</h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, Ethereum is facing challenges in surpassing the crucial $2,330 resistance zone.</li>
 <li>Currently, the price maintains a position above $2,250 and the 21-hourly Simple Moving Average.</li>
 <li>On December 18th, <a href="https://www.coingabbar.com/en/price-analysis/ethereum-battles-price-woes-amid-bitcoins-soaring-surge" class="f-link" rel="noopener noreferrer nofollow">Ethereum</a> retraced to retest the Ascending Triangle pattern, resulting in a noteworthy 9% surge.</li>
 <li>Despite breaching the Bullish Flag pattern recently, ETH struggled to sustain its position above it.</li>
 <li>Notably, today's market activity saw Ethereum breaking the Bullish Flag pattern accompanied by significant trading volume, triggered by a tweet.</li>
 <li>The potential for a substantial upward movement exists if Ethereum manages to close convincingly above the resistance levels at $2,330 and $2,350.</li>
 <li>In the event of a sustained rally, there is a possibility of Ethereum reaching a new yearly high before the close of the year.</li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $2,350-$2,400 
SUPPORT LEVEL : $2,270-$2,220 
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

ETHEREUM Gears Up for a Bullish Charge as BTC Takes a Breather

Tabla de contenidos

Coingabbar

Otros artículos publicados el 22 dic 2023

Whale Movements Unveiled: Strategic Accumulations in the Shiba Inu Ecosystem

Polkadot Levels Up: Integrates with Pokémon Go and Call of Duty Mobile Game Engine

The Inflation Data Followed by the Fed in the US Will Be Announced Today: How Will Bitcoin Be Aff...

Render Network Completes the Token transfer to Solana and Introduce BME Model

ETC Coin Price: Investors Shouldnt Miss this Possible Breakout

Algorand Price Rose 30%; Is it Good Time to Invest in ALGO?

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!