Ethereum gained above $2100 level following the footsteps of BTC. It is presently floating at around $2156, following reaching an intraday high of $2174.
|
Technicals |
CMP -$2156 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2071 |
CMP <>55 EMA |
Bullish |
|
200- EMA |
$2095 |
CMP <200- EMA |
Bullish |
|
365- EMA |
$2192 |
CMP < 365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2200. Any violation above targets $2386/$2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
166.98 |
|
ADX |
Bullish |
Strength increased from 11.97 to 17 |
It is good to buy on dips around $2000 with SL around $1700 for a TP of $2770.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Pair levels and bias summary 



