Ethereum price forecast: the ETH / USD market decays from 3000 to 3500 USD

Sunday, August 21, $ 3,000 to $ 3,500 Dec.
The ETH / USD market is decidedly between $ 3,000 and $ 3,500 as the price is trading at $ 3,289. The percentage of crypto trading is 0.11 since writing. This is a sign that cryptography is currently working on low positive potential.

The market remains decidedly between $ 3000 and $ 3500: eth market
Key Levels:
Resistance levels: $ 3500,$ 3750, $ 4000
Support levels: $ 3000,$ 2750, $ 2500

ETH / USD – daily chart
The daily trading chart of ETH / USD shows that the crypto market remains in the December range of 3,000 to 3,500 USD to continue its activities. The bullish trend line, which runs above the SMAS Trend lines, has widened slightly to the north since yesterday’s session, both below the smaller bullish candle and below what is likely to occur today. The 50-day SMA indicator is below the 14-day SMA indicator. Stochastic oscillators briefly moved their lines north of the overbought zone closer to the 40 December. This points to a promising upward trend that soon surpasses downward strength.
If the ETH / USD market remains between 3000 and 3500 dollars, buy Ethereum now, what will be the next aspect of the decommissioning? In the ETH / USD business, there are several ups and downs as the market remains in the $ 3,000 to $ 3,500 December to date. In recent years, quite a few trade transactions have taken place around the bottom point. Bulls are finding support around this as a result of various driving forces that almost cause free fall. Currently, there are some signs in favor of further growth in the crypto economy soon.

On the other hand, the $ 3,000 trading line remains the basic level of support needed for a jealous break to the south to confirm a possible return of the downward movement of the ETH/USD market. Through stochastic oscillators, a warning signal is issued against easy entry into sale. Therefore, traders who plan to open short-term positions should be very careful on their own

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