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Home»EXCHANGE NEWS»The price of Etherrium gains traction: Can you keep climbing?
EXCHANGE NEWS

The price of Etherrium gains traction: Can you keep climbing?

By Crypto FlexsFebruary 2, 20252 Mins Read
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The price of Etherrium gains traction: Can you keep climbing?
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Ether Leeum price has made a new impression of more than $ 3,220. ETH is currently being integrated and can benefit more than the $ 3,270 resistance area.

  • Ether Lee has begun new growth than the $ 3,120 zone.
  • The price is more than $ 3,200, a simple 100 -hour moving average.
  • There was a break above the main weakening line with a resistance of $ 3,200 in the ETH/USD chart (data feed through the KRAKEN) by time.
  • Pairs can start another increase by maintaining more than $ 3,200.

Ether Leeum price is restored

The price of Etherrium began to make a decent impression at $ 3,020, like Bitcoin. ETH was able to surpass $ 3,120 and $ 3,150 to move to a positive area.

In the time chart of ETH/USD, the resistance was suspended from the main weakness of $ 3,200. This pair has surpassed the level of 50% FIB from the $ 3,427 wing height to $ 3,020 swing.

But bears are now active near $ 3,270 and $ 3,280 resistance level. Ether Leeum price is currently trading with a simple $ 3,200 and a simple moving average of 100 hours.

Conversely, the price appears to be faced with an obstacle near $ 3,270 and a 61.8% FIB of the $ 3,427 wing of $ 3,020 at a $ 3,427 wing. The first main resistance is close to $ 3,330. The main resistance is currently forming nearly $ 3,360. Clear movements of more than $ 3,360 can send prices to $ 3,450.

The rise of more than $ 3,450 can require more profits in the upcoming session. If specified, the ether can rise to $ 3,550 in the short term or up to $ 3,650.

Another fall of ETH?

Another reduction may begin if Ether Lee does not clean the $ 3,270 resistance. The initial support of the shortcomings is close to $ 3,220. The first main support is near $ 3,200.

Under the support of $ 3,200, clear movements can be promoted with a $ 3,120 support. Losss can no longer be priced at $ 3,050 in the short term. The next main support is $ 3,000.

Technical indicator

MACD per hour – The MACD of ETH/USD is gaining momentum from the strong zone.

RSI per hour – The RSI of ETH/USD now exceeds 50 zones.

Main support level -$ 3,200

Main resistance level -$ 3,270

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