Ethereum $2,071.44 The price attracts the attention of investors by fluctuating at $ 2,100 and $ 2,200. Despite the mixed signals in technical indicators, increasing trading volume and waiter movements increase their expectations. According to analysts, if the resistance zone is exceeded, the subcoin may enter the process of expansion. The long -term consolidated price structure overlaps the classic Wyckoff model.
If the resistance level is exceeded, the rapid rise may come
Ethereum re -tested $ 2,100 again after the horizontal mobility that lasted for about a year. According to crypto money analysts, this price movement may indicate the transition of the Wyckoff accumulation model to the expansion stage. Especially the price decreases experienced during the manipulation during the manipulation period, weak positions were extracted from the system by extracting a more robust ground.
Analyst TED Pillows said Ethereum moves in a three -stage model in the form of accumulation, manipulation and expansion. Emphasizing that the manipulation period has ended, Pillows said that upward movements can gain speed in the coming days. When it is technically evaluated, it is thought that Altcoin may move to the expansion process if it exceeds the resistance level.
Increased transaction volume in the crypto currency market and the start to take positions strengthen the upward expectations. In particular, the increase in the interest of big investors to the market makes the potential movements in the Ethereum price even more meaningful. Flag formations in the technical analysis also produce signals for the continuation of the rise.
Technical Indicators and Analyst Comments
In the hourly graphics, the Ethereum price re -tested $ 2,100. This region is considered an important resistance point. The formation of flag formations in technical analysis indicates that the rise trend may continue. However, 14 -day EMA and RSI indicators continue to give mixed signals. This requires investors to be careful.
Analyst Michaël Van de Poppe said that the price may rise rapidly if the resistance level is exceeded. According to Van de Poppe, the price of Ethereum is consolidated at this stage, while investors should follow the technical data more carefully. The weak spots seen in technical indicators show that the fluctuation may continue in the short term.
Experts emphasize that it is very important to protect the support level. If these levels remain strong, the rise of Ethereum can accelerate. Investors should be careful against sudden price movements during this period. Both technical and basic indicators should be observed carefully.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
