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Home»EXCHANGE NEWS»Etherrium price is over $ 2,000 -brake out or temporary bounce?
EXCHANGE NEWS

Etherrium price is over $ 2,000 -brake out or temporary bounce?

By Crypto FlexsMarch 26, 20253 Mins Read
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Etherrium price is over $ 2,000 -brake out or temporary bounce?
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The price of Etherrium began to recover more than $ 2,000. ETH is currently integrated near the $ 2,100 resistance and is heading for obstacles.

  • Ether Leeum has begun to recover more than $ 2,000.
  • The price is more than $ 2,020 and a simple moving average of 100 hours.
  • There is a strong trend line that provides $ 2,000 support in the ETH/USD chart (data feed through Kraken).
  • The pair should start a decent increase by eliminating the resistance of $ 2,080 and $ 2,100.

Ether Leeum price is more recovered

The price of Etherrium has a foundation of more than $ 1,850 and has begun recovery as Bitcoin. ETH was able to delete the level of $ 1,920 and $ 1,950.

The bull has extracted the price over $ 2,000. Finally, the price was tested for $ 2,100. The best was formed at $ 2,104 and the price began to fall. There was a move below $ 2,080. The price dropped below 23.6% FIB from $ 1,980 swing to $ 2,104 height.

Ether Leeum price is currently trading with more than $ 2,020 and a simple moving average of 100 hours. There is a connection with a strong trend line with the support of $ 2,000 in the time chart of ETH/USD.

Conversely, the price seems to be facing obstacles near $ 2,080. The next key resistance is close to $ 2,100. The first main resistance is close to $ 2,120. Clear movements above $ 2,120 can send the price to $ 2,200.

Ether Leeum price
Source: TradingView.com Ethusd

The rise of more than $ 2,200 can require more profits in the upcoming session. If specified, the ether can rise to $ 2,250 in the short term or to $ 2,320.

Is DIP supported in ETH?

If Ether Lee does not clean the $ 2,100 resistance, it can begin another reduction. The initial support of the shortcomings is close to $ 2,040. The first main support is to rise from $ 2,025 and 61.8%FIB, and the level is close to $ 2,104 from $ 1,980 swing to $ 2,104.

Clear movements below $ 2,025 can be promoted with a $ 2,000 support. Losss can no longer be priced at $ 1,950 in the short term. The next main support is $ 1,880.

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 is now lower than Zone 50.

Main support level -$ 2,000

Main resistance level -$ 2,100

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