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The price of a lion football and players are supple. Each arcu is to ultra -up all children or hatred for football Ullamcorper.
This article is also available in Spanish.
Even with The price of ethereum is fighting Due to the deterioration of the economic situation, there are still those who remain stubborn in the case of the second largest cryptocurrency according to market capitalization. One of them is the nickname Cryptographic Analyst Nothojak, who started to the TradingView website to participation Rather, stubborn forecast for the Ethereum price, which is contrary to the current market mood.
Ethereum Bears Price Trend Down ends
The price of Ethereum still got stuck in the apparent bottom. However, according to cryptographic analyst, this may end in the near future when two supply zones are coming. Until now, there has been a lot of fluidity at the main levels, sending the price of Ethereum in relation to the lower low. Nevertheless, this can become stubborn because they could suggest reversing over cryptocurrency.
Currently, two supply zones caused by the analyst are USD 1425 and USD 1,600. As they explain, the level of USD 1425 has already been softened during the last recovery. This only leaves USD 1,600 without restrictions. Therefore, this can easily change this level into resistance in the event of growth growth.
Despite the fact that sellers still dominate with a high volume spilling out, the cryptographic analyst puts the bottom before 1350 USD. In this case, this level can be potential support, and the burst can start from here.
The purpose of this main breakthrough was placed 20% above the current level, and the analyst was determined by a high target $ 1,835. This can lead to further growth, especially if the resistance can be easily cleaned from here.
ETH on the chain
Ethereum’s profitability dropped with a decrease in prices, because only 32% of all investors see all profits in their positions. On the other hand, 65% of all owners have losses, and only 2% sits at the price of Breakeven, according to data From the data aggregation site in the Intotheblock chain.
At that time, Ethereum whales were also very lively, and this may mean that immense investors were behind Sales that broke the price of ETH. Gigantic transactions increased from USD 4.8 billion to USD 6.48 billion to April 9, because the price of Ethernet dropped below USD 1,500.
The average transaction size also increased from USD 4,048 to USD 5,115 at that time. This suggests that investors then move more coins, which can explain the increased sales that harassed cryptocurrency. If this is continued, then Eth The price saw further failures.
At the time of writing the price, Ethereum was a popularity of USD 1,544, which is a 4.56% decrease on the last day.
A distinguished picture from Dall.e, chart from tradingview.com
