The ETH Day event, which was also attended by Ethereum founder Vitalik Buterin, took into account possible changes in the price structure.
Activity was continuing till the time of writing the news ETH Day The event brought together crypto enthusiasts. action, Ethereum It attracted attention through various presentations and interviews with authoritative figures. Could the leader of altcoins, which leads the way with a lot of activity, gain major momentum from this event? What kind of movement can we see on the technical analysis side?
When $2100 is broken, appetite increases!
The leader of altcoins, which has been rising at almost full speed since $1500, has reached one of the most important resistance levels. ETH, which has been a driving force in the altcoin market during this uptrend, can aim for $2160 – $2203 and $2300 respectively as long as it remains stable above $2130. If buyers can maintain the same level of appetite after a surge to $2300, it could lead to incredible growth for the altcoin.
A BTC pullback or food news depending on the sector will naturally move the price of ETH. In such a situation, the levels at which discounts can be expected are $2056 – 2020 – 1970 – and $1915 respectively. Failure by buyers to protect $1915 could lead to a bigger decline.