Market Analysis of Ethereum on Thursday, May 20, 2021

2021-05-20 15:30Source:BtcDana

ETHEREUM


The U.S. Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation have plan to establish a cryptocurrency regulatory team. Data: In the past 24 hours, the total liquidation volume of the lending agreement between Ethereum and BSC reached 570 million USD. The DEX transaction volume on Ethereum in the past 24 hours has exceeded 15 billion USD. From a technical point of view, Ethereum fell precipitously, with the largest rate approaching 30%, has strong short sentiment in the market. The index RSI has stabilized to some extent, but the MACD can continue to diverge. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 2900.

 https://asset.ycxfy.com/upload/file/1621440000000/1621499635372.png


Resistance:2710-2840-2900

Support:2520-2300-2150


Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.


More