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29.05.202314:56 विदेशी मुद्रा विश्लेषण और समीक्षा: Ethereum analysis for May 29th, 2023.

Exchange Rates 29.05.2023 analysis

Blue lines - bullish channel

Red line- resistance

Black line- bearish RSI divergence

Ethereum is trading around $1,900. Medium-term trend remains bullish as price continues to trade inside the blue upward sloping channel. Sunday close found Ethereum ready to break out above the red downward sloping resistance trend line. Price is very close to confirming a short-term trend change. Respecting the lower channel boundary was key for the medium-term trend. Bulls managed to respect support at $1,800-$1,820. This has lead to a break out above the short-term resistance. Is a new upward wave starting? It is important for bulls to remain above the lower channel boundary.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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