Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Shahinaz on December 28, 2020, 01:35:56 PM
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Ethereum (ETH) is approaching a long-term resistance area between $835-$1015. This range contains a crucial Fib retracement level measured from the all-time high price.
The Ethereum trend has not shown any weakness yet, suggesting that the $835 area will be reached.
Long-Term Ethereum Levels
The weekly chart for ETH shows that the price is approaching the long-term $835 resistance level (0.5 Fib retracement). If successful in moving above it, the next resistance area would be found at $1,014, (0.618 Fib retracement).
Weekly indicators have not yet shown any weakness, suggesting that the bullish trend is expected to continue.
(https://s32659.pcdn.co/wp-content/uploads/2020/12/eth1-lead3-dec27.png.webp)
more : https://beincrypto.com/ethereum-rally-puts-800-level-in-view/
whether to go up again like bitcoin ?