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Ethereum Gains Momentum: Ether Reclaims USD 2,150 as Global Tensions Subside

 

Ethereum Gains Momentum: Ether Reclaims USD 2,150 as Global Tensions Subside

 

Ethereum gained sharply as geopolitical tension eases. After hitting a peak around $2198, it’s currently hovering near $2150.

Technicals

CMP -$2150

Trend

4- Hour chart

Value

 

 

55 EMA

$2134

CMP > 55 EMA

Bullish

200- EMA

$2128

CMP > 200- EMA

Bullish

365- EMA

$2261

CMP< 365 EMA

Bearish

 

Major support- $1700/$1500. Minor bullishness only above $2386. Any violation above targets $2500/$2700/$2880/$3000.

 

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Bearish

-36.29

ADX

Neutral

 

 

It is good to buy on dips around $2000 with SL around $1700 for a TP of $2770.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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