Ethereum Remains Below $3,600 And Continues Its Range

　　The price of Ethereum (ETH) falls but remains between the moving average lines.

　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish

　　The altcoin has been trading between the moving average lines over the past week. In other words, Ether is moving between $3,200 and $3,600 price levels. The price movement has been stable as traders enter a period of hesitation.

　　Should buyers keep the price above the 21-day SMA, Ether will return to its previous high of $4,100. Selling pressure will return if sellers take control and break below the 50-day SMA. Ether will then fall above the $2,715 breakout level. In the meantime, Ether is currently worth $3,481.70.

　　Pagsusuri ng tagapagpahiwatig ng Ethereum

　　Ethereums price bars have been fluctuating between the moving average lines. The current compulsion is keeping Ether stable above the support level of $3,000. On the 4-hour chart, Ether is rising above the moving average line, but the uptrend is halted below the resistance level of $3,600. Regardless of the decline, the moving average lines are sliding upwards.

　　Teknikal tagapagpahiwatig:

　　Mga antas ng pangunahing paglaban - $ 4,000 at $ 4,500

　　Mga pangunahing antas ng suporta - $ 3,500 at $ 3,000

　　Ano ang susunod na direksyon para sa Ethereum？

　　The largest altcoin has been stuck in a range over the past week. Traders are undecided about the direction of the market, leading to the current price fluctuations. In addition, the appearance of uncertain candles with small bodies shows traders attitude towards the market trend. If the moving average lines are broken, Ether will move into a trend.