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The price of Etherrium has begun to surge more than $ 2,350. ETH has now increased more than 35% and incorporates profits near the $ 2,500 area.
- Ether Leeum has begun to surge more than $ 2,350.
- The price is more than $ 2,400 and a simple moving average of 100 hours.
- The strong trend line is formed with the support of $ 2,480 in the ETH/USD chart (data feed through the KRAKEN) by time.
- If you break the $ 2,600 resistance level, the pair can continue to go up.
The price of Ether Lee Rium surges and clears up $ 2,500.
The price of Etherrium was supported and overpowered Bitcoin by starting a new impression of more than $ 2,200. ETH has gained speed over $ 2,350.
The bull was able to push the price beyond the $ 2,500 resistance area. The price has risen more than 35%, surpassing the resistance area of $ 2,550. The best is formed for $ 2,606 and the price is now integrating profit. From the $ 2,272 swing to the lowest 2,606 dollars, there was a slight reduction after the 23.6% FIB of the rise.
Ether Leeum price is currently trading with more than $ 2,500 and a simple moving average of 100 hours. In addition, there is a connection in which the strong trend line is formed with the support of $ 2,480 on the ETH/USD chart per hour.
Conversely, the price seems to be facing obstacles near $ 2,550. The next key resistance is close to $ 2,600. The first main resistance is close to $ 2,620. Clear movements above $ 2,620 can send the price to $ 2,650.
The rise of more than $ 2,650 can require more profits in the upcoming session. If specified, the ether can rise to $ 2,720 in the short term or to $ 2,780.
Is DIP limited ETH?
If Ether Lee does not clean the $ 2,550 resistance, you can start a new decline. The initial support of the shortcomings is close to $ 2,470. The first main support is near the $ 2,440 area and is near 50% FIB reversal level from $ 2,606 height to $ 2,272.
Clear movements under $ 2,440 can be promoted with $ 2,350 support. Losss can no longer be priced at $ 2,270 in the short term. The following main support is at $ 2,220.
Technical indicator
MACD per hour – The MACD of ETH/USD is losing its driving force in the strong zone.
RSI per hour – The RSI of ETH/USD now exceeds 50 zones.
Major support levels -$ 2,440
Main resistance level -$ 2,550