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CoinGape
2022-03-27 16:54:27

Ethereum Price Analysis: 200-day EMA Halts ETH Recovery At $3150; Hold Or Sell Now?

Ethereum Price Analysis: 200-day EMA Halts ETH Recovery At $3150; Hold Or Sell Now?

The symmetrical triangle breakout kick starts a new Ethereum(ETH) price recovery. The buyers have surged the altcoin by 12.5%, hitting the $3200 mark. However, the 200-day EMA prevents any further price rally, suggesting a minor pullback is needed before the bull run could continue. Key points: The ETH chart shows rejection at $3200 resistance. The The post Ethereum Price Analysis: 200-day EMA Halts ETH Recovery At $3150; Hold Or Sell Now? appeared first on CoinGape.

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