Market Analysis of Ethereum on Tuesday, June 1, 2021

2021-06-01 14:25Source:BtcDana

ETHEREUM


The Reserve Bank of India has clarified its position on cryptocurrencies, stating that it has not prohibited the provision of banking services for accounts handling cryptocurrencies. Ethereum's second-tier solution zkSync launches EVM-compatible 2.0 testnet Alpha version. Dallas Mavericks owner: Ethereum has promoted the further development of cryptocurrency. From a technical point of view, Ethereum's daily line is positive, operating between the middle and lower of BOLL band, and continues to fluctuate. H4 graph trend is relatively stable and strong in the short term, and the moving average indicator appears to form a golden cross. MACD gradually approaches the zero axis. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 2450.

 https://asset.ycxfy.com/upload/file/1622476800000/1622532132094.png

Resistance:2740-2840-2900

Support:2600-2450-2300


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


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