The second largest cryptocurrency by total market value, Ethereum, was shaken by the last earthquake in the market, as it was with all cryptocurrencies. shaken ETH however, it did not collapse like other cryptocurrencies and survived it with only minor cracks. Ethereum, It briefly slumped below $4,000 but quickly recovered. As of now, Ethereum, which managed to take the $ 4,100 resistance and the wind behind it, caught the critical resistance.
Latest Situation in Ethereum Price
Although Ethereum tested on Thursday, it failed to break the $4,490 resistance and quickly retreated to $4,000. ETH, which was pulled below the key support on December 10, is now preparing to test the $4,500 levels with re-accumulation.
Although the volume is usually quite low on weekends, as of the moment, it seems that the price has risen to the level of $ 4,150 with the movement of BTC. Especially breaking $4,220 might enable ETH to set sail for $4,400 again.
On the other hand, in ETH, both the RSI and the MACD indicator are giving positive signals. If the events that should be followed by the USA in the new week show a positive course for cryptocurrencies, it can be seen that the crypto money market is green again.
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