Summary
- Ethereum (ETH) was up slightly at 4317 dollars, but its rise rate was reported to be lower compared to major virtual assets.
- NewsBTC reported that Ethereum's major resistance level is 4360 dollars.
- It said that if the 4220 dollars support breaks, it could fall to 4160 dollars and 4120 dollars.
Ethereum (ETH) appears unable to mount a rebound.
As of 12:36 PM KST on the 8th, CoinMarketCap reports Ethereum is trading at 4317 dollars, up 0.44% from the previous day. Although it rose slightly that day, its rate of increase is lower compared to major virtual assets (cryptocurrencies) such as XRP(+2.56%) and Solana(+2.67%).
Crypto-focused outlet NewsBTC identified 4360 dollars as Ethereum's major resistance level. The outlet forecasted, "If this is broken, it could rise to 4420 dollars, and further to 4500 dollars, but conversely if the support at 4220 dollars collapses, it could fall to 4160 dollars and 4120 dollars."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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