The price, which has been moving extra for a few days, has turned its direction up again. Yesterday, the bears failed to exceed the $58,000 support and Bitcoin (BTC) he soon recovered $60,000, which was psychological support. Shiba Inu, Doge and Bitcoin (BTC) his journey in the cycle finally stopped at Ethereum as well. ETH has reached an all-time high today.
The price is still above $60,000 and is trying to maintain the 62,000 level as support at the time of writing. The price, which is holding above EMA55 on the four-hour chart, is preparing for the end of the week. If everything goes well, we could see a $64,000 test on Saturday.
The next two days are critical, if there is no negative news, there may even be a break above the 64.895 dollar. This will cause many altcoins to be suppressed. That is why it will be useful for you to determine your stop zones well.
I ethereu (ETH)
ETH has been consolidating above $4,000 for some time, and the fact that buyers increased the volume caused the collapse of the $4,200 resistance. The fact that the bulls overcame the resistance turned the 4.400 dollar into a new ATH. Although the power of buyers was somewhat reduced at the time of writing, the goal of $ 4,500 still seems possible.
Ethereum (ETH) it currently stands at over $4,400. The MACD and the RSI indicate that the rise may continue. We may be closer than ever to the 5,000 dollar target, which has been voiced more often for some time. On the daily chart, all moving averages send a bullish signal, seeing the price of $ 4,600 will open a new channel up to $ 5,975.
Who is on psychological support Ripple (XRP) it finds buyers at $1.07. The hard movements of Bitcoin (BTC) have seriously worn down the bulls. But if the positive weather that has been going on for several hours does not turn everyone around again, we can wait for the $ 1.25 test.
The RSI is currently at the 50 limit, MACD your sales pressure confirms it. In the short term, $ 1.1 is visible for now, a positive wind is blowing due to Bitcoin. Investors who don’t like risk are above $1.26 Bitcoin (BTC) will test long positions depending on the situation of.