Ether (eth)
He experienced an acute flash accident during the 9:00 p.m. on June 21, falling 7.56% of $ 2,406 to $ 2,224, according to the technical analysis model of Coindesk Research.
The sudden price drop triggered a great commercial activity, with more than 751,000 ETH changing your hands, five times the average volume per hour.
Despite the strong decrease, the buyer’s interest increased around the level of $ 2,250, helping the asset to recover to $ 2,292. During the time after the accident, ETH increased 0.19% of $ 2,287.54 to $ 2,291.92. An increase in volume at 05:58 accompanied a price increase of 3.15% in 7,314 ETH, establishing a new support zone about $ 2,290. The action of the price that followed formed an ascending channel with higher minimums, indicating a greater participation of the buyer as the conditions stabilize.
TECHNICAL ANALYSIS
- ETH fell 7.56% of $ 2,406 to $ 2,224 during the 9:00 p.m. June 21.
- The negotiation volume increased to more than 751,000 ETH, almost five times the average per typical hour.
- At 05:58, ETH increased 3.15% of $ 2,283.94 to $ 2,291.09 in 7,314 ETH volume.
- The price of the action formed an ascending channel with higher minimums after the accident.
- A new support zone formed around $ 2,290, with resistance tests at $ 2,297 between 06:17 and 06:20.
- The volume remained elevated during recovery, which indicates a better liquidity.
Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.
