Cryptopolitan
2021-09-16 08:37:33

Ethereum price analysis: ETH on the move at $3,630

TL;DR Breakdown Ethereum price analysis reveals that Ethereum is going extremely bullish.Current support is found at the $3,538 mark.Current resistance is found at the $3,670 mark. Ethereum price analysis charts reveal that the cryptocurrency is going extremely bullish at the time of writing; however, after a flash rise, the queen of cryptocurrency has hit a resistance snag at the $3,670 mark. At the time of writing, the queen of cryptocurrency is trading hands for the $3,628 mark fluctuating between the $3,635 and $3,625 marks. The queen had hit the 7th of September flash crash with the king of cryptocurrency, and at the time of writing, both the king and queen are enjoying heavy bullish momentum after days of slow movements and a slow rise in the price. Ethereum price analysis 1-day chart extremely bullish The one-day Ethereum price analysis chart reveals that the queen of cryptocurrency is enjoying extremely bullish momentum at the time of writing. The volatility has decreased for the queen, and the stability has increased by many folds. The upper Bollinger band presenting the strongest resistance mark is found at the $4,053 mark, while the lower Bollinger band showing the strongest support mark is found at the $3,010 mark. ETH/USD 1-day candlestick price chart. Source Trading View The Bollinger bands’ average and the nine-day moving averages are both showing bullish crossovers serving as support under the current p...

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