The overall market traded in the green over the last 24 hours. The market leaders, Bitcoin and Ethereum are up by 4.32 and 6.63 percent, respectively. Meanwhile, the rest of the top altcoins have seen an even better performance.
ETH/USD traded in a range of $2,930. 01 – $3,147.78, indicating mild volatility over the last 24 hours. Trading volume has decreased by 19.59 percent and totals $22.3 billion, while the total market cap trades around $368.7 billion, resulting in the market dominance of 18.62 percent.
Support was found above $3,100, with several days of consolidation sideways following. After a small upsurge to $3,650, ETH dropped lower again starting from 17th of September. (As I mention in my last Chart and analysis last week. You can fund it in Attach).
Support was found at $2,640 this time on Tuesday, with a sharp reaction yesterday. Since the bullish momentum has continued today, we expect the Ethereum price to see further upside over the next 24 hours.
Ethereum Price Analysis: Conclusion
Ethereum price analysis is bullish as bulls have pushed back above the $3,100 mark today. As long as the momentum continuum, we expect ETH/USD to see further upside over the next 24 hours.
Support with your comment and like, Please Trade base on your knowledge and research, always plan your strategy before entering the market,.
1D Time Chart:
10 out of 22 Indicators that I used to draw the Chart Gives Sell signal other 10 Neutral signal and only 2 of them ar Buy Signal .
I personally Looking for Buy Dipper ( 2200 ).
The rest of the Key Levels you can Fund in the Chat it Selfie and That is that.