Let’s remind you of our previous analysis & prediction:
Short-term investors: unsafe until exceeding the area of $685.00 which leads us to the bullish trend.
If so we will see above $900.00
>>Ethereum digital currency (ETH) analysis >> 30 Nov 2020
older article
>>Ethereum price analysis >> 22 Nov 2020
( ETH) is trading now around $593.43
Which is between the Support & Resistance area at $635.70 & $481.00
Which leads to a New Volume Area at $594.25 to set the correction & stability.
AS Shown in
The Chart Below
Prediction:
It's nice to buy in this area because it's clear for me that preparing to reach a higher-level area
(risky for short term investors until exceeding the area of $685.00)
Support & Resistance
Support: $481.52 - $457.57 >> strong area
Resistance: $635.70
Important
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.
