Bitcoin (BTC) $77,096.88 -0.36%
Ethereum (ETH) $2,489.50 -1.75%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 100.276869 -1.76%
Chainlink (LINK) $11.26 -2.89%
Cardano (ADA) $0.21 -1.36%
Litecoin (LTC) $54.41 0.59%
Dash (DASH) $53.36 -5.30%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.464225 -5.76%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -2.02%

Cryptocurrencies: 30019

Markets: 116488

Market Cap: $2,630,753,519,880

24h Vol: $45,051,738,877

Crypto Potato

2023-02-07 13:53:32

Here’s the First Support for ETH in Case of a Short-Term Correction (Ethereum Price Analysis)

Here’s the First Support for ETH in Case of a Short-Term Correction (Ethereum Price Analysis)

Ethereum’s uptrend has been halted after reaching the major resistance at $1.7K. The price action seems choppy, while a short-term correction is what many expect. Technical Analysis By Shayan The Daily Chart Ethereum has surpassed the 200-day moving average and the multi-month channel’s upper trendline due to the recent bullish move of the whole market.

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