Ether’s eyes register high
Ether Case:
Ether’s Bunce OFF Its rising trend from August to $ 4,315.82 on Tuesday can place its maximum of mid -August at $ 4,789.73 and its August 24 record at $ 4,954.16 on the cards, along with the $ 5,000 psychological brand.
This bullish technical view will remain at stake, while the minimum of Tuesday at $ 4,315.82 remains in a daily closing base.
GUBLISH CASE:
Since the Ether record has a high level of $ 4,954.16 has been accompanied by a lower reading of the daily relative force index (RSI), there was a negative divergence, which means that the possibility in a higher form remains at hand.
If so, a fall to the minimum of $ 4,315.82 on Tuesday can activate a key of the key of $ 4,105.53 to $ 3,941.08 Support area. It consists in March, May and December 2024, as well as the maximums of July 2025 and, as such, should act as strong support.
If not, the maximum of July 21 to $ 3,858.25 can also be reached.
Only a reversal of important bassist and falling into the next lowest minimum at the beginning of August to $ 3,356.65 would increase the probabilities of maximum medium -term formation.
In this scenario, the area between February to June to $ 2,879.45 to $ 2,733.27 could be reviewed.
