Ethereum is trading at around $ 1780 levels this morning with about 1.5% sellers. Network charges are starting to rise again. Despite the EIP 1559 update, which was expected to come to remedy this, investors abstained despite the 51-hour protests of the miners to the network on April 1, and this situation had a negative effect on Ethereum prices. However, in the case that occurred, Ethereum remained discounted on returns. In the first week of April, current scaling and speed issues in the network are expected to be addressed with Berlin and Optimism improvements. In this scenario, we find the current levels of ETH prices forward discounted.
When we consider ETH / USD technically, ETH is trying to recover in the $ 1750 zone and traded below the minor downtrend past the $ 1800 level, although the MACD is also starting to confirm the lows, but we cannot get a strong signal. Therefore, it is useful to go with the stop loss strategy. If it breaks the $ 1830 level in its rise and continues, it will return to the old bullish channel and purchases will accelerate. For now, we see a horizontal but optimistic picture formation in forward-looking holding in this image. If the $ 1830 is broken, purchases may accelerate.
PLEASE CONSIDER! These are all my personal expectations, ideas or opinions and they are not an investment advice.
YOU ALSO CAN HELP ME BY REGISTERING THESE CRYPTO MARKETS WITH AND GET A DISCOUNT ON TRANSACTION FEEs
The Best and Safest places to exchange crypto & fiat currencies online; Binance Global & Coinbase
