Ethereum price analysis is bearish today as we have seen a retrace to $1,900 and not a lot of reaction higher as consolidation was formed around $1,900. Therefore, we expect ETH/USD to retrace even lower and look to push towards the $1,800 next support.
The market has traded in the red over the last 24 hours. The leader, Bitcoin, declined by 1.39 percent, while Ethereum by 1.94 percent. Meanwhile, Dogecoin (DOGE) was the top performer for the day, with over 14 percent gain as a strong spike higher was seen earlier.
Ethereum price movement in the last 24 hours: Ethereum forms consolidation
ETH/USD, 1,862.74 ile 1,926.60 dolar aralığında işlem gördü ve son 24 saat içinde önemli bir oynaklık olduğunu gösteriyor. İşlem hacmi yüzde 21.47 azalarak 16.27 milyar dolar olurken, toplam piyasa değeri 229 milyar dolar civarında işlem gördü ve yüzde 20.09 pazar hakimiyeti sağladı.
ETH/USD 4-hour chart: ETH still targets $1,800 next?
On the 4-hour chart, we can see consolidation formed as recovery did not follow overnight, indicating that further retrace can be expected over the next days.
Ethereum fiyatı action has seen a strong new swing high set over the past days. After several days of strong bullish momentum from the $1,680 support, a gain of over 20 percent was reached on Sunday.
Oradan, ETH/USD 1,900 dolara geri çekildi before quickly spiking to set a lower local high below $2,000. Later another attempt to retrace followed below the $1,900 mark, indicating that selling pressure is still strong.
However, for now, the Ethereum price has failed to break lower as consolidation began early yesterday. Since then, ETH/USD has failed to move higher several times, indicating that another drop lower will follow to the $1,800 next major support.
Ethereum fiyat analizi: Sonuç
Ethereum fiyat analizi is bearish today as we have seen consolidation over the last 24 hours as bulls failed to take over after a strong decline early yesterday. ETH/USD will likely continue moving sideways over the next hours before enough momentum is gathered to break towards the $1,800 support.
Ethereum'un daha da ilerlemesini beklerken, nasıl satın alınacağına dair makalelerimize bakın. Litecoin, Filecoin, ve Polkadot.
Kaynak: https://www.cryptopolitan.com/ethereum-price-analysis-2022-08-16/