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FX.co ★ Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday September 29, 2023.

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Crypto Analysis:::2023-09-29T05:17:22

Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday September 29, 2023.

Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday September 29, 2023.

In the next few days, it appears that buyers have started to return to this cryptocurrency, which can be seen from the CCI indicator which has succeeded in breaking above three important levels (-100, 0, & 100) as well as the price movement which has succeeded in breaking above its Moving Average. and the emergence of the Bullish 123 pattern, so if there is no significant downward correction, especially penetrating below the 1529.93 level in the next few days, Ethereum has the potential to strengthen to the 1744.34 level as its first target and if the momentum and volatility support it, the 1877.90 level will be the next target. aimed.

(Disclaimer)

Analyst InstaForex
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