Ether (ETH)
experienced a Flash Net accident in 9:00 p.m. on June 21, lowering $ 2,406 to $ 2,406 to $ 2,2406, depending on the CoindSk Research technical analysis model.
The sudden drop in prices has triggered a heavy negotiation activity, with more than 751,000 ETH changing your hands, five times the average hourly volume.
Despite the sharp drop, buyers’ interest jumped around the level of $ 2,250, helping the assets to give $ 2,292. During the time that followed the accident, the ETH went from 0.19% from $ 2,287.54 to $ 2,291.92. A peak of volume at 05:58 accompanied a price leap of 3.15% out of 7,314 ETH, establishing a new support area close to $ 2,290. The action of the prices that followed has formed an ascending channel with higher stockings, indicating an increase in the engagement of buyers when the conditions stabilize.
Strengths of technical analysis
- ETH dropped from $ 2,406 to $ 2,2406% in $ 2,224 during 9:00 p.m. on June 21.
- The negotiation volume has increased to more than 751,000 ETH, almost five times the typical hourly average.
- At 05:58, ETH jumped 3.15% from $ 2,283.94 to $ 2,291.09 on the volume of 7,314 ETH.
- Price action formed an upward channel with higher stockings after the accident.
- A new support area has formed about $ 2,290, with resistance tests at $ 2,297 between 06:17 and 06:20.
- The volume remained high during recovery, indicating an improvement in liquidity.
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