Mathisen Marketing

Your Marketing Blog

ETH Lacks Steam, TAMA Debuts on OKX

ETH Lacks Steam, TAMA Debuts on OKX

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Join us Telegram channel to keep up to date with the latest news

Ethereum Bulls are too tired to cause a significant price increase in the ETH/USD market. Technical indicators also describe a weakening of price activity.

Ethereum analysis statistics:
Ethereum value now: $1320.70
ETH market cap: $162.97 billion
ETH floating supply: 122.54 million
Total Ethereum supply: 122.54 billion
Coinmarketcap ranking of ETH: #2

This requires a critical review of these markets to determine the best course of action in these markets. This price speculation also covers the ETH/BTC market to gain useful market insights.

Important price tags:
Top grades: $1321, $1380, $1420
Base brands: $1300, $1280, $1250

Ethereum Market Bulls Are Weak, TAMA Debuts on OKX

On the ETH/USD daily chart, the price action shows a serious lack of momentum towards the upside. Since the 5th of this month, the price action broke the MA line downwards and has remained there until now. The last green candle here – which depicts the rise in price, was unable to break the level formed three sessions ago. The price movement also remains below the MA and is yet to test the resistance formed by the $1,460 price level. Additionally, the MACD is pointing sideways below the 0.00 level as the faster line appears to be turning weakly towards the slower one. So this indicates a lack of trend. The price may reach $1400 soon, but the possibility of it going higher is not so vivid.

Tamadog OKX

ETH lacks Steam, TAMA debuts on OKX

Ethereum Price Speculation: ETH/BTC bounces off 50% Fib level

Price action in the ETH/BTC market has corrected the Fibonacci support at 50%. This bounce is also in line with the bounce of the lower limit of the Bollinger indicator. However, it looks like this market could use more upward push from the bulls if it needs to go higher from here. Otherwise, the downtrend may continue and this bounce may be just a small setback before the long-term downtrend resumes.

Buy Ethereum now

Your capital is at risk.

In addition, the MACD indicator seems to point to a possible upside. This can be seen as the leading line of this indicator correcting in the lagging direction. If these two lines eventually converge, this indicates that the upside bounce is progressing. Nevertheless, the space between the two lines is still significant and additional selling pressure may cause it to diverge if the downtrend continues. Investors can expect the value to rise above the 0.07000 level.

.In other altcoin news, Tamadoge, a deflationary meme coin and ERC-20 token, has its ICO (IDO) on OKX. TAMA will list at $0.03 on September 27th.

Tamadoge – Play and earn meme coins

Tamadog logo
  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • Advance sales raised $19 million in less than two months
  • Upcoming ICO on OKX Exchange

Tamadog logo


Join us Telegram channel to keep up to date with the latest news

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Marcus Rashford Has His Smile Back For Club And Country

    Marcus Rashford Has His Smile Back For Club And Country

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase England striker No.11 Marcus Rashford celebrates after scoring his team’s first goal from a free kick … [+] Qatar 2022 World Cup during the Group B soccer match between Wales and England at the Ahmad Bin Ali Stadium in Al-Rayyan, […]

    Read More

  • Disgraced FTX Founder Says Filing for Bankruptcy Was A Mistake

    Disgraced FTX Founder Says Filing for Bankruptcy Was A Mistake

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, has made a partial appearance on Twitter and is expected to speak on Wednesday, November 30, in his first public appearance at the New York Times’ annual DealBook Summit. SBF’s phone […]

    Read More