25.08.18 07:47

ETH/USDT 1-hour K-line market analysis

Current $ETH price 4498.49, up 1.74%. MA5 close to the current price, MA21 is pressing from above, fierce battle between bulls and bears; trading volume shows no obvious sustained trend, direction is unclear; MACD is bearish, short-term bears may dominate.

Support at MA60 (4459.45) and 4444.11, resistance at MA21 (4507.38) and previous highs. If bulls break resistance with volume, may test 4540.77 +; if bears break support, will seek lower levels.

Focus on #MUA to witness 10x growth together, profits come from the secondary market.

The crypto market is influenced by multiple factors, technical analysis is for reference only, invest with caution!