Ethereum Price Pulls Back from Resistance: Will the Bulls Stage a Comeback?

Crypto Breaking · 2024-06-07T04:52:41.000Z

Ethereum price started a downside correction from the $3,885 resistance zone. ETH is now back below $3,800 and might continue to slide toward $3,720. Ethereum started a pullback after it failed to clear the $3,880 resistance. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near $3,830 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh upward move unless there is a close below the $3,720 support. Ethereum Price Dips Again Ethereum price extended its increase above the $3,840 resistance zone. However, ETH struggled to clear the $3,885 level and started a downside correction like Bitcoin. There was a decline below the $3,840 support level. Besides, there was a break below a key bullish trend line with support near $3,830 on the hourly chart of ETH/USD. The pair declined below the 50% Fib retracement level of the upward wave from the $3,730 swing low to the $3,885 high. Ethereum is now trading below $3,840 and the 100-hourly Simple Moving Average. However, the bulls are active near the 61.8% Fib retracement level of the upward wave from the $3,730 swing low to the $3,885 high. If there is another increase, ETH might face resistance near the $3,810 level. The first major resistance is near the $3,840 level. An upside break above the $3,840 resistance might send the price higher. The next key resistance sits at $3,920, above which the price might gain traction and rise toward the $4,000 level. Source: ETHUSD on TradingView.com If the bulls push Ether above the $4,000 level, the price might rise and test the $4,080 resistance. Any more gains could send Ether toward the $4,200 resistance zone. More Losses In ETH? If Ethereum fails to clear the $3,840 resistance, it could continue to move down. Initial support on the downside is near $3,765. The next major support is near the $3,750 zone. The main support sits at $3,720. A clear move below the $3,720 support might push the price toward $3,650. Any more losses might send the price toward the $3,550 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,765 Major Resistance Level – $3,840 Source: NewsBTC.com The post Ethereum Price Pulls Back from Resistance: Will the Bulls Stage a Comeback? appeared first on Crypto Breaking News.

Harga Ethereum memulai koreksi turun dari zona resistensi $3,885. ETH sekarang kembali di bawah $3,800 dan mungkin terus meluncur menuju $3,720.
Ethereum memulai kemunduran setelah gagal melewati resistensi $3,880.
Harga diperdagangkan di bawah $3,840 dan Simple Moving Average 100 jam.
Ada penembusan di bawah garis tren bullish utama dengan support di dekat $3,830 pada grafik per jam ETH/USD (umpan data melalui Kraken).
Pasangan ini bisa memulai pergerakan ke atas baru kecuali ada penutupan di bawah support $3,720.
Harga Ethereum Turun Lagi
Harga Ethereum memperpanjang kenaikannya di atas zona resistensi $3,840. Namun, ETH kesulitan untuk melewati level $3,885 dan memulai koreksi turun seperti Bitcoin.
Ada penurunan di bawah level dukungan $3,840. Selain itu, ada penembusan di bawah garis tren bullish utama dengan support di dekat $3,830 pada grafik per jam ETH/USD. Pasangan ini turun di bawah level retracement Fib 50% dari gelombang naik dari swing low $3,730 ke level tertinggi $3,885.
Ethereum sekarang diperdagangkan di bawah $3,840 dan Simple Moving Average 100 jam. Namun, pembeli aktif di dekat level retracement Fib 61,8% dari gelombang naik dari swing low $3,730 ke level tertinggi $3,885.
Jika ada kenaikan lagi, ETH mungkin menghadapi resistensi di dekat level $3,810. Resistensi besar pertama berada di dekat level $3,840. Penembusan sisi atas di atas resistensi $3,840 mungkin akan membuat harga lebih tinggi. Resistensi utama berikutnya berada di $3,920, di atasnya harga mungkin mendapatkan daya tarik dan naik menuju level $4,000.
Sumber: ETHUSD di TradingView.com
Jika kenaikan mendorong Ether ke atas level $4,000, harga mungkin naik dan menguji resistensi $4,080. Kenaikan lebih lanjut dapat mengirim Ether menuju zona resistensi $4,200.
Lebih Banyak Kerugian Di ETH?
Jika Ethereum gagal melewati resistensi $3,840, Ethereum dapat terus bergerak turun. Support awal pada sisi bawah berada di dekat $3.765. Support utama berikutnya berada di dekat zona $3,750.
Dukungan utama berada di $3,720. Pergerakan yang jelas di bawah support $3,720 mungkin mendorong harga menuju $3,650. Kerugian lebih lanjut mungkin mengirim harga menuju level $3,550 dalam waktu dekat.
Indikator Teknis
MACD Per Jam – MACD untuk ETH/USD mendapatkan momentum di zona bearish.
RSI Per Jam – RSI untuk ETH/USD sekarang berada di bawah zona 50.
Tingkat Dukungan Utama – $3,765
Level Resistensi Utama – $3,840
Sumber: NewsBTC.com
Pos Harga Ethereum Mundur dari Resistensi: Akankah Bulls Kembali? muncul pertama kali di Crypto Breaking News.

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