[email protected]

Day December 12, 2022

Ethereum’s Consolidation Phase: What Traders Need to Watch

Ethereum is currently facing significant resistance around the $1300-$1400 range, with the 100-day and 50-day moving averages standing at $1360 and $1320, respectively. These levels have effectively capped the price’s upward movement, leaving Ethereum in a phase of consolidation with low volatility. The static resistance level at $1300 has been…

Cookies preferences

✕

Necessary

 Necessary
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.