ETHEREUM (ETH) is struggling with less than 2100 dollars, while deepening the sale of the market

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ETHEREUM (ETH) decreased by 10.51 % to 2,102.21 dollars, with a decrease in the maximum market 10.44 % to $ 253.5 billion.
The whale activity adds fluctuations, with $ 81 million in unrealized profit from ETH shorts.

ETHEREUM (ETH) is subject for sale, reflecting the shrinkage of the broader encryption market. His global market cover Decline 8.04 % to 2.76 trillion dollars, while the total market size has decreased by 10.59 % to 179.83 billion dollars in the past 24 hours.

ETH is currently trading at $ 2,102.21, which represents a 10.51 % decrease last day. The maximum market decreased by 10.44 % to $ 253.5 billion, and the trading volume decreased by 10.06 % to 34.87 billion dollars. The fully diluted evaluation (FDV) remains at $ 253.62 billion, with the total circulating offer of 120.59 million souls.

Whale abbreviation ETH with a 50x financial lever sits at $ 81 million in unintended profit. The whale began to close some short situations, as it got profits amid the low ETH.

Can Ethereum break the resistance of $ 2,200?

ETH faces immediate resistance at $ 2,200. If the bulls break this level, the next goal may be $ 2,350, followed by $ 2,500 in an extended march. On the negative side, support is $ 2000. The collapse without this level may push the ETH to $ 1950, while increasing pressure on it is likely to pull it to $ 1850.

RSI (14, Close) in 37.47, which reflects the sale conditions. The average RSI is 46.85, indicating that ETH weakens over time. A step that exceeds 50 can indicate that the momentum indicates a renewed purchase, while there is an additional decrease that may confirm the continued decline.

CMF (20) stands at -0.02, indicating poor capital flows. Negative CMF means low purchase pressure, which makes it difficult for ETH to maintain the upper direction. The moving average is placed in the 50 (MA) period above the price, which enhances short -term homosexuals. MA 200 indicates that ETH is still in the direction of a wider landing.

The potential intersection between the short and long -term MAS can determine the ETH direction. If 50 M cross less than 200 M, this will confirm a declining continuation. On the contrary, Cross Souli can refer to the reflection of the direction. The Eth’s future depends on whether it holds a $ 2000 support or recovers $ 2,200 resistance.