Sunday, May 29, 2022
CryptoExBulletin
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos
CRYPTOXBULLETIN
No Result
View All Result
Home Ethereum

Ethereum, Stellar Lumens, FTX Token Price Analysis: 03 January

by CryptoExBulletin
in Ethereum
0
Ethereum, Stellar Lumens, FTX Token Price Analysis: 03 January
9
SHARES
233
VIEWS
Share on FacebookShare on Twitter


Ethereum was strongly bullish on the charts because the dip to $700 by no means got here, however as a substitute, a lift to $789 was famous on the charts. Stellar Lumens slumped within the face of sellers, whereas FTX Token additionally surged and was buying and selling at $6.38.

Ethereum [ETH]

Ethereum, Stellar Lumens, FTX Token Price Analysis: 03 January

Sorry: ETH/USD on TradingView

Ethereum had a strongly bullish outlook on the charts. The worth didn’t dip beneath the $725 mark, which 24 hours in the past might have seen ETH go to $700.

Quite the opposite, Bitcoin’s good points had been mirrored by Ether and it surged previous the earlier excessive at $759 and retested that area as effectively, and was buying and selling at $788 on the time of writing.

The RSI didn’t dip beneath impartial 50, indicating an uptrend in progress. Utilizing the Fibonacci software for ETH’s swing excessive and swing low of the previous month, a 27% extension projected a goal of $836 for ETH.

Stellar Lumens [XLM]

Ethereum, Stellar Lumens, FTX Token Price Analysis: 03 January

Supply: XLM/USD on TradingView

XLM closed beneath the symmetrical triangle it shaped and continued its descent previous ranges of horizontal assist. The 61.8% retracement stage was ceded to the bears as effectively.

The OBV confirmed continued promoting behind XLM and the value was more likely to head towards the 78.6% retracement stage at $0.112 to search out some patrons, with $0.116 being a stage of curiosity as effectively.

FTX Token [FTT]

Ethereum, Stellar Lumens, FTX Token Price Analysis: 03 January

Supply: FTT/USD on TradingView

FTT was so bullish that the 20 SMA (white) on the 4-hour chart has been unable to maintain up with the value for over per week.

This recommended there could be some overbought sentiment fermenting behind FTT however it has not but come into play. The latest buying and selling classes noticed an enormous spike in buying and selling quantity as the value shot previous the $6 mark.

A retracement might see the psychological $6 be retested, or halt on the $6.2 mark above it earlier than persevering with upward.

The MACD and the sign line had been far aside and confirmed sturdy bullishness, and there could also be some extra upside to FTT earlier than a correction.



Source link

Tags: AnalysisEthereumFTXJanuaryLumensPriceStellartoken

Recent News

Can MATIC Price Hit $5.0 in 2022?

Is $1 price target still possible ?

STEPN Token Crashes Following China Ban Announcement

STEPN Token Crashes Following China Ban Announcement

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Uncategorized
  • Videos

Follow Us

Contact Us

  • Contact Us
  • Privacy & Policy
  • Advertise With Us

© 2020 Crypto x Bulletin

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Videos

© 2020 Crypto x Bulletin