Following the crash on December 4, Ethereum has risen to trade above the $4000 level again. At press time, the coin was trading for $4357.43. The alt-king propelled above the $4272.77 mark and could attempt to trade near the resistance mark of $4540.97 Ethereum’s additional resistance stood at its multi-week high of $4865.31. Over the last 24 hours, the coin registered a 6.2% increase in value. The trading volume of Ethereum also crept up over the last day.
Ethereum Price Analysis
Ethereum’s technicals portrayed a bullish outlook, the coin’s price was seen above the 20-SMA line which indicated that price momentum was still controlled by the buyers in the market.
MACD signalled a bullish crossover and displayed green histograms. The Relative Strength Index was above the half-line in correspondence to the 20-SMA line, although the indicator flashed a downtick, this could mean a dip in prices over the upcoming trading sessions.
In case of a price reversal, the support region fo
We współpracy z: https://coingape.com/ethereum-harmony-and-spell-token-price-analysis-07-december/
