Ethereum

Rise

<ul> 
 <li>If Ethereum’s price closes above the $1893 resistance on an hourly basis, it can continue its upward movement.</li> 
 <li>If ETH price fails to break the $1894 resistance, the downward trend can extend towards the $1858 levels.</li> 
 <li>Ethereum investors are expecting the break of the $1930 resistance and daily closes above it.</li> 
</ul> 
Ethereum’s price analysis shows that it is moving near the significant resistance zone of $1930. The potential for ETH price to break certain levels is creating excitement among investors. In this article, we will examine Ethereum’s price movement and possible scenarios. 
<h2 id="strong-medium-term-eth-analysis-strong">Medium-Term ETH Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/Can-Ethereum-Rise-to-2100-June-27th-ETH-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-134259 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/Can-Ethereum-Rise-to-2100-June-27th-ETH-Analysis.png" alt="12 Hour ETH/USD Price Chart" width="3006" height="1656"></a> 12 Hour ETH/USD Price Chart 
When examining Ethereum’s 12-hour price chart, it can be seen that the price is moving near the significant resistance zone of $1930. If ETH price achieves a 2% increase, it can have the potential to break the $1930 resistance. 
According to the analysis, if Ethereum’s price closes above the $1930 resistance on a daily basis, it can continue its upward movement. The initial target is around $2000, and then it can progress towards the $2100 levels. 
Ethereum investors are expecting the break of the $1930 resistance and daily closes above it. However, if ETH price fails to surpass this resistance, it can extend the downward movement towards the $1821 levels. If daily closes below the $1821 level occur, the downward trend can continue towards the $1778 levels. 
<h2 id="strong-short-term-eth-analysis-strong">Short-Term ETH Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687873872_685_Can-Ethereum-Rise-to-2100-June-27th-ETH-Analysis.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-134262 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687873872_685_Can-Ethereum-Rise-to-2100-June-27th-ETH-Analysis.png" alt="Hourly ETH/USD Price Chart" width="3006" height="1656"></a> 
Hourly ETH/USD Price Chart 
If Ethereum’s price achieves hourly candlestick closes above the $1893 level mentioned in the analysis, it has the potential to continue its upward movement. However, if ETH price fails to surpass the $1894 resistance, it can expand the downward trend towards the $1858 levels. 
If Ethereum’s price closes below the $1858 support on an hourly basis, it can continue the downward movement towards the $1828 levels. On the other hand, if ETH price surpasses the $1893 resistance and achieves hourly closes, upward movements towards the $1930 levels can be observed. 
The post <a rel="nofollow" href="https://en.coinotag.com/can-ethereum-rise-to-2100-june-27th-eth-analysis/">Can Ethereum Rise to $2100? June 27th ETH Analysis</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.

Can Ethereum Rise to $2100? June 27th ETH Analysis

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