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❕NEWS According to Aayush Jindal's technical analysis: ETH

aryan4

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According to Aayush Jindal's technical analysis: ETH
--- The price is now trading well above $ 1,500 and the 100 hourly simple moving average.
--- The pair is likely to rise towards the $ 1,580 and $ 1,600 levels in the near term.
--- If it fails to clear the $ 1,555 and $ 1,580 levels, it can make a correction. Initial support on the downside is near the $ 1,520 level.
The famous analyst's comments are above, what do you think about ETH?
 
One of the 2-3 analysts I follow, more precisely, is the one that always attracts my attention the most. When ETH was below $ 1000, it had almost targeted prices close to these prices. I think she will share a new analysis.
 
Before focusing on any analysis, I will enjoy the euphoria of seeing ETH push past the $1500 mark despite the struggle in the past couple of weeks.
Yeah I was shocked today when I saw the price it has moved switly to $1.7k breaking the resistance at 1.5k. so I see it rising steadily like Bitcoin too
 
Still same pattern, most altcoins are still following Bitcoin's price path, if bitcoin crashed, so they will be; on the other hand if bitcoin jumped they will spike too.
 
i think most times the analysis doesn't always come predicted like that ,the analysis are usually affected by a lot of things ,like news and others , I think when trading we should take note of the analysis involved ,as we carry out out trading activities ,we should be careful on how to trade too ,atleast more careful
 
In addition to following other people's analysis about the price of an altcoins, it helps to do your own and be convinced that it's a good trade before taking it.

I've discovered that that helps me not to panic when there are small swings in price before the target is reached.
 
In 2022,analysis on crypto is not really working that well,its not consistent because its not only supply and demand at work,but world economic troubles in form wars and inflation controlling the price.The investors are more driven by fear not by fundamentals and analysis,so I think until the factors affecting settle analysis is not really going to work consistently
 

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