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.
