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The last time the ETH/USD price was at this level was in May 2022, which was the start of a massive drop of more than 65% in 1.5 months. However, now the ETH/USD market is dominated by bullish sentiment, for the following reasons: → deployment of the Dencun update on the Ethereum network this month, […]

The post Ethereum Price Exceeds $2,800 appeared first on Action Forex.

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27/08/2024

EURCAD Wave Analysis

EURCAD reversed from the long-term resistance level 1.5115 Likely to test support level 1.5000 EURCAD currency pair recently reversed down from the long-term resistance level 1.5115 (which has been reversing the price from the start of 2021) coinciding with the upper weekly Bollinger Band. The downward reversal from the resistance level 1.5115 started the active […]
13/08/2024

FTSE 100 Index Analysis

FTSE 100 index reversed from support zone Likely to rise to resistance level 8300.00 FTSE 100 index recently reversed up from the support area located between the pivotal support level 8050.00 (former monthly low from July), lower daily Bollinger Band and the support trendline of the daily down channel from May. This support area was […]
02/01/2024

GBPJPY Wave Analysis

GBPJPY reversed from support level 179.40 Likely to rise to resistance level 182.00 GBPJPY currency pair recently reversed up from the multi-month support level 179.40 (which has steadily reversed the pair from the start of July). The support level 179.40 was further strengthened by the lower daily Bollinger Band. Given the strength of the support […]