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ETHEREUM (ETH) struggles less than 2800 dollars with a continued weakness of the market

  • The ETHEREUM price decreased by 1.07 % to $ 2,747.84, with the maximum market of $ 331.19 billion.
  • The trading volume decreased by 5.28 % to 28.58 billion dollars, indicating a decrease in activity.

ETHEREUM (ETH) struggles with a decrease in the price of 1.07 % to 2,747.84 dollars. The market ceiling decreased by 1.06 % to $ 331.19 billion. His trading volume Decline 5.28 %, now 28.58 billion dollars. The maximum market rate is 8.83 %, indicating moderate liquidity.

Ethereum was under the pressure pressure, and he failed to break the main resistance levels. Bears seem to control, which pushes the price towards low support areas. The roof of the Crypto global market is $ 3.19 trillion, which reflects a 1.19 % decrease in the past 24 hours. However, the total coding market volume increased by 4.00 % to 123.07 billion dollars, indicating an increase in trading activity despite the low prices.

Ethereum price and main levels

Ethereum price fights the main resistance at 2,762.71 dollars and 2,754.17 dollars, characterized by moving average for 9 days and 21 days. The nearest support level is $ 2739.27. The collapse above the resistance may pay the eth about 2800 dollars, while the decrease in support may lead to $ 2700 or less.

The broader encryption market is still uncertain, and Ethereum is struggling to gain momentum. The price procedure in the short term depends on the upcoming resistance and support tests.

The RSI is 43.12, while the average RSI is 44.44. This reading indicates twice the momentum, while maintaining ETH in the landing area. If RSI moves above 50, the purchase pressure may increase. However, failure to do this can lead to more negative side.

MA ethereum for 9 days less than MA for 21 days, and forms a dumping cross. This style suggests lowest The short -term momentum. If MA is for 9 days crossing over MA for 21 days, the reflection of the direction may occur, indicating a potential upward movement.

The flow of Chaikin (CMF) shows weak capital flows. This indicates that investors remain careful, without any strong purchase activity. Increased CMF levels indicates the renewal of confidence in the ETH.

Ethereum needs to restore $ 2,762.71 to restore upward momentum. If the resistance collapses, it can target Eth 2800 and beyond. Less than $ 2,739.27 would confirm more from the negative side, and may test 2700 dollars.

Merchants should monitor RSI, moving averages, CMF, and resistance levels for the future price direction. If bitcoin and the broader encryption market, Ethereum may benefit. However, the constant declining pressure may delay any possible gathering.

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