Traders are watching this move closely. Look for clear signals in the chart. Read to the end. You’ll find hidden price targets most traders miss.
Ethereum trades at $3533 today. $ETH is above support at $3350. This is a critical price level. Discover next targets.
What are the support and resistance levels for $ETH?
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $3350 | 100 EMA is the 100-day Exponential Moving Average. It is the average price over the last 100 days. It shows market trends over a mid or long term. |
| Support 2 | $3280 | Bollinger Bands are volatility bands. They expand and contract based on the market volatility. The lower Bollinger Band is the lower deviation from the 20-day simple moving average. |
| Resistance 1 | $3550 | 50 EMA is the 50-day Exponential Moving Average. It is the average price over the last 50 days. It shows market trends over a short or mid-term. |
| Resistance 2 | $3700 | Upper Bollinger Band is the upper deviation from the 20-day simple moving average. |
FAQ
What Ethereum price targets should I consider?
Support at $3350. Resistance near $3550. Extension target $5823.
Is Ethereum Bullish?
Stochastic RSI is 42. Resistance sits at $3550. Place stop-loss below $3280.
How do I set stop-loss levels for Ethereum?
Place stops below $3280 support. Consider using swing lows as reference points.
What are the Ethereum moving averages indicating?
EMA50 sits at $3550. EMA100 rests at $3350. Ethereum trades at $3533. Price is below EMA50. This indicates a bearish trend. Further downside is possible.
Should I buy or sell ETH?
Buyers can enter near $3350 or $3280. Place stops below $3280. Sellers can exit near $3550 or $3700. Take profits at $5823. Manage your risk carefully.
How do Fibonacci levels affect the Ethereum price?
Fibonacci 61.8% level is $3221. Fibonacci 138.2% targets $5823.
What does $ETH momentum show?
Stochastic RSI K reads 42. Values above 80 mean overbought. Values below 20 mean oversold. And, Values between 20-80 show neutral momentum.
Conclusion
Ethereum shows weakness below $3350 support. Eyes on $3221 for breakdown risk. Momentum favors bears. Another sell-off may follow. Stay cautious, protect capital. Risk management is key. Always trade with a plan.
Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Ethereum Key Price Levels Hint at a Possible Surge Ahead appeared first on Altcoin Buzz.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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