Analiza cijena Ethereuma: ETH se polako nastavio bočno iznad 1,200 dolara, povisio preko noći?

Ethereum price analysis is bullish today as we have seen further sideways action over the last 24 hours above the $1,200 support. Likely reversal will follow later as ETH/USD will look to retest the $1,275 resistance.

The overall market has seen low volatility over the last 24 hours. The leader, Bitcoin, lost 0.37 percent, while Ethereum lost 0.68 percent, while Solana (SOL) was one of the worst performers with a 5.5 loss.

Kretanje cijene Ethereuma u posljednja 24 sata: Ethereum ne uspijeva nastaviti niže

ETH/USD traded in a range of $1,200.48 to $1,214.42, indicating low volatility over the last 24 hours. Trading volume has declined by 32.55 percent, totaling $6.09 billion, while the total market cap traded around $147.8 billion.

ETH/USD 4-hour chart: ETH lacks momentum

On the 4-hour chart, we can see narrow consolidation range over the last 24 hours at the $11,200 support, likely leading Cijena Ethereuma higher overnight once again..

Ethereum price action has moved sideways over the past week with both lower local highs and higher local lows set. Narrow trading range was later formed with support at $1,200 and resistance at $1,275, which since has been tested several times.

However, clear trend direction is still unclear. Over the past days, low volatility trading was seen at $1,200, indicating that a break lower will not follow and another test of the upside will soon follow.

Likely bullish momentum will return overnight and lead back to the $11,275 resistance. If it is broken, a lot more upside should follow later in October. Alternatively, ETH/USD will continue sideways movement until stronger momentum returns to either side.

Analiza cijena Ethereuma: Zaključak 

Analiza cijena Ethereuma is bullish today as we have sideways momentum after failure to move past $1,200 support over the past days. Therefore, ETH/USD likely will soon look to retest the $11,275 resistance and continue further sideways consolidation.

Dok čekate da Ethereum krene dalje, pogledajte naša predviđanja cijena na XDC, Cardano, I Curve.