Ethereum (ETH) Price Prediction for September 9
Ethereum price today is trading around $4,298, consolidating inside a tightening symmetrical triangle on the 4-hour chart. Support is close to $4,250, and resistance is at $4,370. This means that ETH is at a key point where it could either break out or go down even more.
Ethereum Price Compresses In Triangle Structure
Ethereum price action shows repeated defenses of the $4,250 zone, where the 200-EMA aligns with trendline support. Overhead, the 20-EMA near $4,312 and the 50-EMA around $4,351 continue to cap rallies, creating a narrow trading range.
Related: Dogecoin (DOGE) Price Prediction: Rising ETF Odds Spark Bullish Momentum
RSI is close to 46, which means that momentum is low and there isn’t a clear direction. If buyers push the price above $4,370, the next targets are $4,500 and $4,700. If the price doesn’t stay above $4,250, it could drop to $4,100, and maybe even $3,900 if selling pressure picks up.
Analysts Compare Cycle Patterns With Bitcoin
The post Ethereum (ETH) Price Prediction for September 9 appeared first on Coin Edition.
Read More
Ethereum Price Prediction: Jack Ma’s ETH Reserve Report Boosts Market Sentiment
Ethereum Price Prediction: Samsung Staking And BitMine Treasury Fuel Demand
Ethereum (ETH) Price Prediction for September 9
Ethereum price today is trading around $4,298, consolidating inside a tightening symmetrical triangle on the 4-hour chart. Support is close to $4,250, and resistance is at $4,370. This means that ETH is at a key point where it could either break out or go down even more.
Ethereum Price Compresses In Triangle Structure
Ethereum price action shows repeated defenses of the $4,250 zone, where the 200-EMA aligns with trendline support. Overhead, the 20-EMA near $4,312 and the 50-EMA around $4,351 continue to cap rallies, creating a narrow trading range.
Related: Dogecoin (DOGE) Price Prediction: Rising ETF Odds Spark Bullish Momentum
RSI is close to 46, which means that momentum is low and there isn’t a clear direction. If buyers push the price above $4,370, the next targets are $4,500 and $4,700. If the price doesn’t stay above $4,250, it could drop to $4,100, and maybe even $3,900 if selling pressure picks up.
Analysts Compare Cycle Patterns With Bitcoin
The post Ethereum (ETH) Price Prediction for September 9 appeared first on Coin Edition.
Read More
Ethereum Price Prediction: Jack Ma’s ETH Reserve Report Boosts Market Sentiment