• Home
  • Courses

    About Courses

    Edit widget and choose a menu
    Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

    Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

    ₦60,000.00 ₦25,000.00
    Read More
  • Become An Instructor
  • Blog
  • Shop
      • Login
    Digital Skill Institute
    • Home
    • Courses

      About Courses

      Edit widget and choose a menu
      Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

      Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

      ₦60,000.00 ₦25,000.00
      Read More
    • Become An Instructor
    • Blog
    • Shop
        • Login

      ETH

      • Home
      • Blog
      • ETH
      • Ethereum Breaks below the $3,000 Crucial Support, Targets $2,750 Low

      Ethereum Breaks below the $3,000 Crucial Support, Targets $2,750 Low

      • Posted by DigitalLeonard
      • Categories ETH, ETH/USD, Ethereum, Price Analysis, Trade Ideas, Trading Briefs
      • Date April 24, 2022
      • Comments 0 comment


      Ether loses the $3,000 support
      Ether has resumed selling pressure

      Ethereum ETH) Current Statistics
      The current price: $2,946.30
      Market Capitalization: $354,977,240,842
      Trading Volume: $9,393,865,006
      Major supply zones: $4,000, $4,500, $5,000
      Major demand zones: $3,500, $3,000, $2,500

      Ethereum (ETH) Price Analysis April 24, 2022
      Ethereum’s (ETH) price is in a downtrend as it targets $2,750 Low. Ether declines to the low of $2,960.97 as the altcoin resumes upward. The altcoin is capable of a further downward move as it breaks below the moving averages. Meanwhile, on April 11 downtrend, A retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that ETH will fall to level 1.618 Fibonacci extension or $2,750.53.

      Ethereum Breaks below the $3,000 Crucial Support, Targets $2,750 Low
      ETH/USD – Daily Chart

      ETH Technical Indicators Reading
      The largest altcoin is at level 43 of the Relative Strength Index for period 14. The market is in the downtrend zone and below the centerline 50. Ether is capable of further downward move in the downtrend zone. The crypto’s price bars are below the moving averages indicating a further downward movement of the cryptocurrency. The 21-day line and 50-day line SMAs are sloping downward indicating the downtrend.

      Conclusion
      Ethereum is in a downward move as it targets $2,750 Low. The largest cryptocurrency faces rejection twice at the $3,160 resistance as price breaks below the moving averages. Meanwhile, on April 21 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that ETH will fall but reverse at level 1.272 Fibonacci extension or $2,879.70.

      Ethereum Breaks below the $3,000 Crucial Support, Targets $2,750 Low
      ETH/USD – 4 Hour Chart

      You can purchase crypto coins here. Buy LBlock:

      Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing

      Share with other traders!



      Source link

      • Share:
      author avatar
      DigitalLeonard

      Previous post

      Lblock Awaits Bullish Forces for Upsurge
      April 24, 2022

      Next post

      NZDUSD Creates a Balance Between the Buy and Sell Sides of the Market
      April 25, 2022

      You may also like

      USOILDaily-Chart.png
      USOIL Recovers but Rallies to an Overbought Region at $108.54
      26 June, 2022
      XAUUSD9Daily-Chart.png
      Gold Is in a Sideways Trend as It Holds Above $1,800 Support
      25 June, 2022
      Daily-38.jpg
      Inverted Head and Shoulder Chart Pattern at $186 Level
      24 June, 2022

      Leave A Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      Search

      Categories

      • ADA
      • Analysis
      • Argentina
      • AUD
      • AUD/JPY
      • aud/usd
      • AUDJPY
      • AUDUSD
      • Binance Coin
      • Bitcoin
      • Bitcoin Cash
      • BITCOIN ETF
      • Bitcoin Futures
      • Bitcoin Mining
      • Bitcoin SV
      • Blockchain
      • BSVUSD
      • BTC
      • BTC/USD
      • CARDANO
      • Central Bank of Russia
      • Crypto
      • Crypto ATM
      • Crypto News
      • Crypto Regulations
      • crypto signals
      • Cryptocurrency
      • Cryptocuurency
      • Daily Chart
      • Daily Charts
      • Decentralization
      • Decentralized Finance
      • DEFC
      • DeFi
      • DeFi Coin
      • DNS/ENS
      • Do Kwon
      • DOGE
      • DOGE/USD
      • Dogecoin
      • Dollar
      • DOT
      • DOT/USD
      • ELON MUSK
      • ETH
      • ETH/USD
      • Ethereum
      • Ethereum Name Service
      • EUR/CHF
      • EUR/GBP
      • EUR/JPY
      • EUR/USD
      • EURCHF
      • eurjpy
      • EURUSD
      • Federal Reserve
      • Forecast
      • Forex
      • Forex Technical Analysis
      • FTSE 100
      • GBP/JPY
      • GBP/USD
      • GBPJPY
      • gbpusd
      • Global market
      • Gold
      • Governments
      • Harvard
      • Inflation
      • Iran
      • JPY
      • LBlock
      • Lucky Block
      • Market Anticipation
      • Market Expectation
      • Marketing
      • MasterCard
      • Mining
      • Monero
      • News
      • NFT
      • NFTs
      • NZD/USD
      • NZDUSD
      • Polkadot
      • Press Releases
      • Price Action
      • Price Analysis
      • Purchase
      • Regulation
      • Review
      • Russia
      • S&P 500
      • safetrading
      • silver
      • Stupidity
      • stupidity in populace
      • stupidity in trading
      • Survey
      • Switchere.com
      • Technical Analysis
      • Technicalanalysis
      • Terra
      • TFUEL
      • Theta Fuel
      • Trade Ideas
      • Trading Briefs
      • Twitter
      • UKX
      • Uncategorized
      • UNISWAP
      • university blockchain courses
      • US
      • US Oil
      • USD
      • USD/JPY
      • USD/TRY
      • USDCAD
      • USDCHF
      • USDJPY
      • USOIL
      • WSB
      • wti
      • XAUUSD
      • XLMUSD
      • XMR
      • Yen
      Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

      Crypto Trading Mastery: Buy, Sell, Trade Cryptocurrency for Profit

      ₦60,000.00 ₦25,000.00
      Step By Step Website Design Tutorial For Beginners

      Step By Step Website Design Tutorial For Beginners

      ₦10,000.00
      How To Become A Full-Time YouTuber Step By Step Guide To Profit From Making YouTube Videos

      How To Become A Full-Time YouTuber Step By Step Guide To Profit From Making YouTube Videos

      ₦24,900.00
      Digital Marketing Institute Logo
      +2348165842119
      support@digitalleonard.com
      Facebook-f Twitter Google-plus-g Pinterest

      Company

      • About Us
      • Blog
      • Become An Instructor
      • Contact

      Links

      • Courses
      • Events
      • Gallery
      • FAQs

      Support

      • Join Our YouTube Channel
      • Telegram Forum
      • Facebook

      Recommend

      • BINANCE
      • BYBIT
      • HUOBI
      • KUCOIN
      • OKEX
      • BITGET

      Digital Skill Institute By DigitalLeonard.Com Powered by Digital Leonard.

      • Privacy
      • Terms
      • Sitemap
      • Contact

      Login with your site account

      Lost your password?