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Looking at the #Ethereum price action over the past week, we can see that the overall trend is still bearish. But the MA5 seems to cross above MA10 & MA30 which can be considered as a bullish reversal.
If #ETH can stay above $2K, it may back above $3,500 soon
If #ETH can stay above $2K, it may back above $3,500 soon
ETH breaks above $4.1K Rocket with an increasing rate of 6.45%.
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ETH has stabilized above $2,000 mark for about 4 days. At the press of time, ETH is trading at $2,100 slightly below the all-time high of $2,150, with the market cap spiking to more than $245 billion.
The upbeat DeFi industry (most of the DeFi platforms are built on Ethereum blockchain) and the NFTs (Non-fungible Tokens) stimulate the rally in ETH price. Further, more institutional investors have jumped to the ETH world, which make it possible that the bullish trend of ETH will continue.
ETH Technical Outlook - $2,500 will be hit in April
A look at the 4H chart, it shows that ETH price is consolidating between 2,000 - 2,120. MACD signal lines are in parallel and seem to form another gold fork again, while RSI indicator is trending within the bullish zone.
From the 1-day chart, we notice that ETH is trying to break above the upper band of Bollinger Bands and the 3 bands are trending different directions which means ETH price will be in consolidation for a short-term. However, both the MACD and RSI indicators are giving us bullish signals.
Therefore, we predict that ETH price will soon breakout as bulls target the first resistance at $2,200 and then followed by $2,500.
Key Support Levels: $2000, $1950, $1840.
Key Resistance Levels: $2100, $2200, $2350.
The upbeat DeFi industry (most of the DeFi platforms are built on Ethereum blockchain) and the NFTs (Non-fungible Tokens) stimulate the rally in ETH price. Further, more institutional investors have jumped to the ETH world, which make it possible that the bullish trend of ETH will continue.
ETH Technical Outlook - $2,500 will be hit in April
A look at the 4H chart, it shows that ETH price is consolidating between 2,000 - 2,120. MACD signal lines are in parallel and seem to form another gold fork again, while RSI indicator is trending within the bullish zone.
From the 1-day chart, we notice that ETH is trying to break above the upper band of Bollinger Bands and the 3 bands are trending different directions which means ETH price will be in consolidation for a short-term. However, both the MACD and RSI indicators are giving us bullish signals.
Therefore, we predict that ETH price will soon breakout as bulls target the first resistance at $2,200 and then followed by $2,500.
Key Support Levels: $2000, $1950, $1840.
Key Resistance Levels: $2100, $2200, $2350.
I need your help to test MyTradingMaster which is written by me!!
can you provide an overview and examples? Suppose that evidence you have used it, and the results obtained. maybe some attachments that can provide a reference because most of us can't easily be attracted just because the app is friendly on Google Play. we need to be careful. so try to describe the advantages and disadvantages of the application.
Sure wait a minuteDoes it simulate the real market because if it doesn't then it is a useless app because there are other services that offer paper trading and they are far more established which means that they are more reputable and safe. I think that this thread do belong in the Services Discussion though, you can move it by looking for the Move Topic at the bottom left of this thread and click it then choose the right discussion that it belongs.
Yep, it is a real-time market replay tool.