bitcoin

Ethereum Looks bullish in short time frame

Ethereum looks bullish in 15 minutes time frame like bitcoin and following over a rising supportive trend line. The momentum is low but still, it can make new highs breaking local resistances.

Ethereum price today is $2,309.72 USD with a 24-hour trading volume of $14,960,338,826 USD. Ethereum is up 0.78% in the last 24 hours, with a live market cap of $269,988,278,465. Ethereum is the second big cryptocurrency and almost mimics Bitcoin in market movements more than any other cryptocurrency coin. Looking at Chart shows that, Ethereum is going with the flow of rising trend line since July 28, 2021.

Ethereum Looks bullish
Source: Tradingview.com

There is no overbought situation as Relative strength Index (RSI) is still at 42 which can be considered in buying zone by some FOMO caught traders.

Ethereum Looks bullish: Overview

Time Frame:                       15 Minutes

Support Levels:                 $2217, $2251, $2269

Resistance Levels:            $2327, $2387

RSI:                                        43.74

 

The above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. DYOR!

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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