Market Analysis of Ethereum on Monday, 14 June 2021

2021-06-14 13:50Source:BtcDana

Musk: Tesla only sold 10% BTC to test liquidity. If the proportion of clean energy used in mining exceeds 50%, Tesla will resume trading in digital currency. Vitalik Buterin proposes to precompile the future sharding and historical access of Ethereum. Data: Ethereum's gas price dropped to 7 Gwei. Data: Last year, the total amount of crypto ransomware payments has more than tripled from 2019 levels. From the technical point of view, Ethereum's daily line closed positive. In the short term, the impact of the increase in Bitcoin price caused a drop in Ethereum market activity. H4 graph shows that Ethereum rebounds from a low position, and fluctuates around the middle Bollinger band. Indicator shows bearish signs. Overall prioritise on the fluctuation zone. The deciding point whether to buy or sell is near 2630.


https://asset.ycxfy.com/upload/file/1623600000000/1623652992631.jpg

Resistance:2550-2630-2740

Support:2440-2340-2250


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


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