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ETH is trading around $2,284, having consolidated above the 200 EMA and the 21 SMA, forming a symmetrical triangle pattern that could support its bullish cycle. Ethereum is expected to continue rising in the coming days, potentially reaching $2,370.
Ethereum was at risk of a sharp decline but managed to consolidate above the 200 EMA, allowing it to recover some of its losses. It is now likely to continue rising in the coming days to reach the 7/8 Murray level around $2,343. Ultimately, ETH is expected to reach the upper band of the downtrend channel around $2,370.
If bearish momentum prevails and Ethereum consolidates below the 200 EMA around $2,250, we could expect a sharp drop toward the 6/8 Murray level around $2,187.
Given that the Eagle indicator is giving a positive signal and as long as the ETH price consolidates above $2,250, any pullback could be seen as a buying opportunity in the coming days.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
