When Bitcoin prices have a lot of volatility, Ether Lee has decided to maintain a steady and calm price behavior. After more than $ 2000, the second largest token has not exceeded a certain range. The token has integrated about $ 2,500, staying in the accumulation area for the last three weeks. The main support level is about $ 2400 to $ 2310, and ETH prices have several rebounds, which represents a powerful purchase interest.
On the other hand, the price was about $ 2700 and hinted at heavy sales pressure. What is the following? Will Etherrium prices continue to be integrated within the range?
The ETH price is at a technical range where tokens show both strong and weak scenarios. Short -term prices are trapped in a very narrow range, so you can draw only bulls or bears from patterns.
STF’s ETH price shows that tokens cannot go up on the trend line, which is a strong resistance. On the other hand, the Bolinger band also plunged and began to press. On the other hand, the probability -free RSI also plunge before the critical value is displayed, indicating that bears are increasing. Therefore, ETH prices must be broken and secured $ 2600. However, if you have a range of $ 2700 and $ 2715 or more, you can verify optimistic reversal because the token faces multiple rejection at this level.
In the worst case, failure may stop the central support for $ 2450, and if the price does not cause recoil, the $ 2300 or slightly lower drop may be imminent.
Ether Leeum decreased by more than 45% in the first quarter compared to 11.82% of Bitcoin. Meanwhile, the ETH price increase is nearly 40%compared to 26%of the BTC price, indicating that the second largest token surpasses bitcoin in the second quarter. Sharplink Gaming, on the other hand, plans to buy $ 1 billion in Etherrium with the ETF accumulation. Meanwhile, Etherrium price is lucky with a 2021 brake out, which has risen from $ 2,500 to $ 4000.
ETH prices are similarly integrated, so when history is repeated, tokens will display new highs in the next few months.