Ether sideways trades
\n\u200bEther bullish case:<\/p>\n
Ether<\/a>\u00a0remains within a tight sideways trading range<\/a> but may resume its medium-term uptrend on a rise above Sunday’s high at $4498.16. In this scenario the 27 August high at $4661.57 would possibly be next in line.<\/p>\n Further up lie the mid-August high at $4789.73 and the 24 August record high at $4954.16.<\/p>\n This bullish<\/a> technical scenario may play out while Monday’s low at\u202f$4214.82 holds on a daily chart closing basis.<\/p>\n Ether bearish case:\u202f<\/p>\n Were Ether to slip through its recent low at $4214.82,\u202fthe key $4105.53 – $3,941.08 support zone<\/a> may be revisited. It is made up of the\u202fMarch, May and December 2024 as well as the July 2025 highs and as such should act as strong support.<\/p>\n If not, the 21 July high at $3858.25 may be reached as well.<\/p>\n Only a major bearish<\/a> reversal<\/a> and fall through the next lower early August low at $3356.65 would increase the odds of a medium-term top forming.\u202f<\/p>\n In this scenario the area between the February to June highs at $2879.45 – $2733.27 might be retested.<\/p>\n Ether daily candlestick chart<\/p>\n","protected":false},"excerpt":{"rendered":"Ether sideways trades \u200bEther bullish case: Ether\u00a0remains within a tight sideways trading range but may resume its medium-term…\n","protected":false},"author":2,"featured_media":42260,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,18,19,17,188],"class_list":{"0":"post-42259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland","12":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/42259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=42259"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/42259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/42260"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=42259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=42259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=42259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}