Market Analysis of Ethereum on Thursday, May 27, 2021

2021-05-27 15:35Source:BtcDana

ETHEREUM


Goldman Sachs: Ethereum will surpass Bitcoin as a store of value. Polygon releases SDK Development Kit to Build Ethereum Compatible Chain. British 《Financial Times》: The financial expert are accelerating the flow of cryptocurrency. Data: The number of transactions on the Ethereum chain decreased by 10% in a week, and Gas fee and MeV's three consecutive declines. Statistics: Three-quarters of young people in Latin America are interested in cryptocurrency. From a technical point of view, the daily line of Ethereum closed in positive, and the daily line correction is relatively stable. H4 graph show the formation of a complete head and shoulders pattern, MACD indicator; the volume can return to near the zero axis, the candle line continues to be on the upper track of BOLL band and the performance is too high. Overall prioritise buy on low the fluctuation zone. The deciding point whether to buy or sell is near 3000.

 https://asset.ycxfy.com/upload/file/1622044800000/1622104627433.png

Resistance:2910-3000-3300

Support:2660-2500-2300


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


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