Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
Vauld Insights 2022-05-16 07:30:00

Ethereum’s Topside Potential Above $2,000 Limited Amidst Soaring Exchange Inflow Volume

The progressive increase in exchange inflow volume dampens Ethereum’s price recovery above $2,000. Based on the Supertrend and the DMI indicators, recovery to $2,400 may take longer. The IOMAP model by IntoTheBlock reveals weak support areas for Ethereum and a robust barrier between $2,263 and $2,325. The largest smart-contracts token, Ether, mirrored the weakness in […]The post Ethereum’s Topside Potential Above $2,000 Limited Amidst Soaring Exchange Inflow Volume appeared first on Vauld Insights.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer