• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home UK

ETH/USD Slides Below $3000 Support

CB4U by CB4U
January 11, 2022
in UK
0
ETH/USD Slides Below $3000 Support
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Ethereum Price Prediction – January 10

The Ethereum price prediction shows that ETH slides below the key supports as the market price may continue to move down.

ETH/USD Market

Key Levels:

Resistance levels: $3400, $3600, $3800

Support levels: $2700, $2500, $2300

ETHUSD – Daily Channel

As the market opens today, after touching the high of $3180 level, ETH/USD has been dropping with a bearish bias. The coin opens at $3151, and it is currently dropping towards the support level of $3000. However, Ethereum price did start a nasty decline and has been breaking many supports near $2900. The price could correct higher, but it is likely to face sellers below the lower boundary of the channel.

Ethereum Price Prediction: What to Expect from Ethereum (ETH)

At the time of writing, the Ethereum price is breaking to the downside and the coin is likely to breakdown heavily to gain more downtrends. However, the Ethereum price is currently hovering at $3026 as the coin prepares to cross below the channel one more time. As a matter of fact, should it spike below the lower boundary of the channel, the critical support levels of $2700, $2500, and $2300 may be tested as the technical indicator Relative Strength Index (14) moves within the oversold region.

Nevertheless, ETH/USD could either recover above $3200 or extend its decline towards the support level of $2800. On the upside, the next major resistance is near the $3300 level. Meanwhile, the price needs to climb above the $3400, $3600, and $3800 resistance levels to move back into a positive zone. If not, there is a risk of more downsides below the channel.

When compares with Bitcoin, the daily chart reveals that the Ethereum price is sliding below the 9-day and 21-day moving averages around the 7339 SAT. If the price crosses above the moving averages, there is a possibility that additional benefits may be obtained in the long term. The next resistance key above this level is close to the 7600 SAT level. If the price rises, it could even break the 7900 SAT and above in future sessions.

ETHBTC – Daily Chart

However, if the bears continue to push the price below the lower boundary of the channel, 7200 SAT support may play out before rolling to the critical support at 7000 SAT and below. The Relative Strength Index (14) is moving below the 40-level, suggesting more bearish signals.

Looking to buy or trade Ethereum (ETH) now? Invest at eToro!

68% of retail investor accounts lose money when trading CFDs with this provider

Read more:

Advertisement Banner
Previous Post

Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode – Bitcoin News

Next Post

What is Uland and How It Will Revolutionize Real World Assets Via Digital Assets?

CB4U

CB4U

Next Post
What is Uland and How It Will Revolutionize Real World Assets Via Digital Assets?

What is Uland and How It Will Revolutionize Real World Assets Via Digital Assets?

Discussion about this post

RECOMMENDED

EMTECH Explores Solutions For U.S. CBDC In A Technical Sandbox Program, May be Spyware

Japan’s Premier International Payment System Develops Plastic Card For CBDC

3 months ago
Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

9 months ago

DON'T MISS

Token Natural Growth Algorithm Inside Telegram Bot

Token Natural Growth Algorithm Inside Telegram Bot

February 7, 2023
Rocket Pool Price Surges 8% To $42

Rocket Pool Price Surges 8% To $42

February 7, 2023
UK’s digital pound would modernize payments but won’t replace cash: Minister

UK’s digital pound would modernize payments but won’t replace cash: Minister

February 7, 2023
Here’s Why Cardano’s Vasil Hard Fork Is A Seamless Upgrade

Here’s How Volatile Market Puts Cardano Coin at Risk Of 8% Fall

February 7, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Token Natural Growth Algorithm Inside Telegram Bot

Token Natural Growth Algorithm Inside Telegram Bot

February 7, 2023
Rocket Pool Price Surges 8% To $42

Rocket Pool Price Surges 8% To $42

February 7, 2023
UK’s digital pound would modernize payments but won’t replace cash: Minister

UK’s digital pound would modernize payments but won’t replace cash: Minister

February 7, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian