• 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 May Move Sideways at $2500

CB4U by CB4U
February 22, 2022
in UK
0
ETH/USD May Move Sideways at $2500
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Ethereum Price Prediction – February 21

The Ethereum price prediction may lose ground towards $2500, but the recovery above $2600 could help to mitigate the initial pressure.

ETH/USD Market

Key Levels:

Resistance levels: $3300, $3500, $3700

Support levels: $2000, $1800, $1600

ETHUSD – Daily Chart

At the time of writing, ETH/USD displays just enough power to defend the support at $2582. All the attempts made towards recovery to prevent the coin from falling below $3500 may bow to the selling activity under the 9-day and 21-day moving averages. Now, the Ethereum price is hovering at $2631 after with a gain of 0.35% on the day. In the short term, bearish momentum is very likely especially if the bulls fail to hold the price above $2600 and the nearest support at $2500 is broken.

Ethereum Price Prediction: What could be the Next Move for ETH?

The Ethereum price would need to rise and break above the 9-day and 21-day moving averages, but if the sellers push lower, traders can expect very strong support at $2400; this could then be followed up with support at $2200. If the bears push further below this support, then additional supports may be located at $2000, $1800, and $1600.

On the other hand, if the buyers regroup and rebound from the current market value at $2631.56, the first level of resistance lies at $2800. This could then be followed by the resistance levels of $3300, $3500, and $3700 while the Relative Strength Index (14) is at the 40-level to indicate indecision within the market.

Cloudbet bonus

When compared with Bitcoin, the Ethereum price keeps trading as the moves sideways within the market. ETH/BTC is currently trading at 6942 SAT, and the bulls could push the price to the north. However, if the price drop towards the lower boundary of the channel, the next support may come at 6300 SAT and below.

ETHBTC – Daily Chart

In other words, a possible bullish movement could push the market to cross above the 9-day and 21-day moving averages, and a break above this may enable the Ethereum price to reach the resistance level of 7600 SAT and above as the Relative Strength Index (14) is moving above 40-level to create additional bullish 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

UK Police Return $5.4 Million to Cryptocurrency Fraud Victims – Regulation Bitcoin News

Next Post

Dogecoin Themed Burger Joint Launches In Dubai

CB4U

CB4U

Next Post
Dogecoin Themed Burger Joint Launches In Dubai

Dogecoin Themed Burger Joint Launches In Dubai

Discussion about this post

RECOMMENDED

Lawyer Requests Moscow To Swap Alexander Vinnik With US Prisoners

Lawyer Requests Moscow To Swap Alexander Vinnik With US Prisoners

9 months ago
Bitcoin Worth $2 Billion Taken Off Exchanges Last Week, Are BTC Bulls Back?

Bitcoin Worth $2 Billion Taken Off Exchanges Last Week, Are BTC Bulls Back?

12 months ago

DON'T MISS

Gate.io threatens legal action against rumor-mongers

Gate.io threatens legal action against rumor-mongers

June 4, 2023
Market Recap on the Top coins for the Week

Market Recap on the Top coins for the Week

June 4, 2023
3,500,000,000 $ADA *VANISH*

3,500,000,000 $ADA *VANISH*

June 4, 2023
Calm Before the Storm? BTC Attempts to Push Above $27K (Bitcoin Price Analysis)

Calm Before the Storm? BTC Attempts to Push Above $27K (Bitcoin Price Analysis)

June 4, 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

Gate.io threatens legal action against rumor-mongers

Gate.io threatens legal action against rumor-mongers

June 4, 2023
Market Recap on the Top coins for the Week

Market Recap on the Top coins for the Week

June 4, 2023
3,500,000,000 $ADA *VANISH*

3,500,000,000 $ADA *VANISH*

June 4, 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