See also
Ethereum is trading in the red at 1,791 at the time of writing. In the short term, the rate continues to challenge the immediate downside obstacles. The upside pressure remains high as Bitcoin maintains a bullish bias.
ETH/USD dropped by 2.35% from yesterday's high of 1,830 to 1,787 today's low. The altcoin is down by 1.04% in the last 7 days and is up by 0.16% in the last 24 hours.
From the technical point of view, ETH/USD is trapped between 1,854 and 1,757 levels. Now, it is challenging the median line (ml) which represents a dynamic support.
The false breakdown with great separation below 1,757 announced strong buyers. Still, further growth needs strong confirmation.
Staying above the median line (ml) and making a valid breakout through 1,854 activates further growth. This is seen as a buying opportunity.
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
On the 4-hour chart of the Litecoin cryptocurrency, there is an appearance of a Descending Broadening Wedge pattern which indicates that there will be a strengthening in the near future
Bitcoin and Ether surged strongly during Asian trading, although yesterday ended on a somewhat downbeat note. However, despite the rapid strengthening of these assets, Bitcoin once again failed to maintain
InstaTrade
PAMM accounts
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.