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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