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Ethereum Steady Above USD 2,000: ETH Tracks Bitcoin’s Lead as Bulls Eye a USD 2,770 Breakout

Ethereum holds above $2000 following the footsteps of BTC. After hitting a peak around $2198 yesterday, it’s currently hovering near $2159. Technicals CMP -$2159 Trend 4- Hour chart Value 55 EMA $2137 CMP > 55 EMA Bullis…

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Ethereum Steady Above USD 2,000: ETH Tracks Bitcoin’s Lead as Bulls Eye a USD 2,770 Breakout
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Ethereum holds above $2000 following the footsteps of BTC. After hitting a peak around $2198 yesterday, it’s currently hovering near $2159.

 

Technicals

CMP -$2159

Trend

4- Hour chart

Value

 

 

55 EMA

$2137

CMP > 55 EMA

Bullish

200- EMA

$2129

CMP > 200- EMA

Bullish

365- EMA

$2258

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

-28

ADX

Neutral

 

 

It is good to buy on dips around $2200 with SL around $2000 for a TP of $2770.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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