MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

ETH/USD Trade Continues Featuring at $4,000

December 11, 2021
in Blockchain
Reading Time: 3 mins read
A A
ETH/USD Trade Continues Featuring at $4,000
ShareShareShareShareShare

Trade Continues Featuring at $4,000 – December 11
It is now on the crypto-financial record that the ETH/USD trade continues featuring at $4,000 line despite the recent downing in its valuation. The crypto market’s percentage rate is estimated at 1.97, trading around $3,979 line as of writing.

Trade Continues Featuring at $4,000: ETH Market
Key Levels:
Resistance levels: $4,250, $4,500, $4,750
Support levels: $3,750, $3,500, $3,250

ETH/USD – Daily Chart
The ETH/USD daily chart reveals that the crypto-economic trade continues featuring at $4,000 as there has been a decline. The 14-day SMA trend line is above the 50-day SMA trend line. The bigger SMA trading indicator is positioned at the $4,000 level to affirm that it may be taking a long time before the price pushes far away for some time in favor of either definite direction. That said, some buying intrigues may re-emerge beneath the value line when price finds strong support to make a visible rebound that bulls can make use of the advantage.

Will the ETH/USD market level at $4,000 serve as a determinant instrument factor as the crypto trade continues featuring around it?
It is most likely that the ETH/USD market level at $4,000 becomes a determinant instrument factor in achieving a definite direction as the crypto trade continues featuring around it. The present dipping position of the Stochastic Oscillators in the oversold region portends a warning signal as price may result in trading in a consolidation style. And that situation will lead traders into an extreme pre-cautioning trade psyche.

On the downside of the technical analysis, the ETH/USD market bears would either have to try to consolidate their presence around the $4,000 level or stay alert to spot a rejection around a higher resistance level closely beneath $4,500 before considering launching a sell order. A fearful breakout at the value line will potentially nudge the market into higher profiteering levels to the previous all-high.

ETH/BTC Price Analysis

In comparison, the daily price analysis chart showcases that Ethereum dominates the trending weight at the expense of Bitcoin’s weakness. The currency pair trade continues featuring at a higher trading level above the trend lines of the SMAs. The 14-day SMA indicator is above the 50-day SMA indicator. The Stochastic Oscillators have crossed the lines southbound closely to the range of 20. And they still point toward the south, indicating that the base crypto is a correction motion paired with the counter flagship crypto.

Looking to buy or trade Bitcoin (BTC) now? Invest at eToro!

68% of retail investor accounts lose money when trading CFDs with this provider.

 

Read more:

Credit: Source link

ShareSendTweetPinShare
Previous Post

NFTs win, DeFi loses, rest remains unchanged

Next Post

South Africa preparing cryptocurrency regulatory framework to protect against scams – Nairametrics

Next Post
South Africa preparing cryptocurrency regulatory framework to protect against scams – Nairametrics

South Africa preparing cryptocurrency regulatory framework to protect against scams – Nairametrics

Leave a Reply Cancel reply

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

Weekly Updates

Can You Invest in NFT: Listing Down the Good & Bad Traits of Non-Fungible Tokens |

Can You Invest in NFT: Listing Down the Good & Bad Traits of Non-Fungible Tokens |

January 25, 2023
The country needs a rational crypto regulatory regime

The country needs a rational crypto regulatory regime

January 26, 2023
Digital Surge narrowly avoids collapse

Digital Surge narrowly avoids collapse

January 26, 2023
Australian To Call Crypto Financial Products Under The Law

Australian To Call Crypto Financial Products Under The Law

January 23, 2023
Australian Finance Minister says crypto could be regulated as financial product

Australian Finance Minister says crypto could be regulated as financial product

January 23, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action – Regulation Bitcoin News
  • Hackers Launder $27 Million in Stolen Ethereum From North Korean
  • NFT Collection A.N.I.M.O Price, Stats, and Review

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 23,737.00 3.09%
  • ethereumEthereum (ETH) $ 1,644.55 4.57%
  • tetherTether (USDT) $ 0.999790 0.05%
  • usd-coinUSD Coin (USDC) $ 0.999549 0.08%
  • bnbBNB (BNB) $ 317.07 3.52%
  • xrpXRP (XRP) $ 0.414429 1.18%
  • binance-usdBinance USD (BUSD) $ 0.999965 0.01%
  • cardanoCardano (ADA) $ 0.397380 3.89%
  • dogecoinDogecoin (DOGE) $ 0.090237 2.43%
  • matic-networkPolygon (MATIC) $ 1.18 2.51%
  • okbOKB (OKB) $ 39.70 0.76%
  • solanaSolana (SOL) $ 26.06 8.61%
  • staked-etherLido Staked Ether (STETH) $ 1,644.05 4.74%
  • polkadotPolkadot (DOT) $ 6.61 3.38%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 2.17%
  • litecoinLitecoin (LTC) $ 94.83 5.64%
  • avalanche-2Avalanche (AVAX) $ 21.03 2.47%
  • tronTRON (TRX) $ 0.063821 1.02%
  • uniswapUniswap (UNI) $ 6.92 4.49%
  • daiDai (DAI) $ 1.00 0.09%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,709.00 2.99%
  • cosmosCosmos Hub (ATOM) $ 13.81 4.52%
  • the-open-networkToncoin (TON) $ 2.47 1.45%
  • chainlinkChainlink (LINK) $ 7.38 2.43%
  • leo-tokenLEO Token (LEO) $ 3.69 2.85%
  • moneroMonero (XMR) $ 186.09 0.97%
  • ethereum-classicEthereum Classic (ETC) $ 22.74 4.75%
  • aptosAptos (APT) $ 18.34 2.46%
  • bitcoin-cashBitcoin Cash (BCH) $ 135.88 2.54%
  • stellarStellar (XLM) $ 0.094491 1.77%
  • apecoinApeCoin (APE) $ 6.24 3.57%
  • quant-networkQuant (QNT) $ 151.47 1.26%
  • nearNEAR Protocol (NEAR) $ 2.57 4.11%
  • crypto-com-chainCronos (CRO) $ 0.082482 1.22%
  • filecoinFilecoin (FIL) $ 5.48 3.81%
  • lido-daoLido DAO (LDO) $ 2.30 3.21%
  • algorandAlgorand (ALGO) $ 0.262187 1.75%
  • vechainVeChain (VET) $ 0.024615 1.92%
  • internet-computerInternet Computer (ICP) $ 6.24 2.42%
  • hedera-hashgraphHedera (HBAR) $ 0.069693 3.88%
  • decentralandDecentraland (MANA) $ 0.809411 16.82%
  • axie-infinityAxie Infinity (AXS) $ 12.20 6.84%
  • the-sandboxThe Sandbox (SAND) $ 0.803568 9.21%
  • aaveAave (AAVE) $ 87.64 4.15%
  • fantomFantom (FTM) $ 0.490313 8.9%
  • eosEOS (EOS) $ 1.11 2%
  • flowFlow (FLOW) $ 1.11 5.22%
  • elrond-erd-2MultiversX (EGLD) $ 45.20 1.74%
  • theta-tokenTheta Network (THETA) $ 1.11 3.37%
  • tezosTezos (XTZ) $ 1.16 5.79%