Crypto

Ethereum Whale Movements and Price Analysis: ETH Bulls in Defense


/ USD bull prices fell to $ 135.50 on Thursday, and the $ 140 stance was broken again. The bulls will have to defend the level of support at $ 132.50 to ensure that the Ethereum price does not fall further.

Ethereum whales acted

Meanwhile, when price movements are moving, Ethereum whales are worth about $ 4 million over the last 24 hours ETH tokeni

Ethereum whale movements:

  • 7.499 ETH ($ 1,019,298) transferred from Gemini Stock Exchange to an unknown wallet
  • 10,000 ETH (1.359.553 USD) transferred from the OKEx Exchange to an unknown wallet
  • 12,000 ETH (1.633.927 USD) transferred from Bitfinex Exchange to an unknown wallet
 ETH / USD daily chart
ETH / USD daily chart

Ethereum price analysis

ETH / USD has a triangle formation that has a downward trend on the daily chart. Although the last session was above the market SMA 50 curve, the price dropped below the 20-day simple moving average (SMA 20) curve. Before the last session, the relative strength index (RSI) was above the neutral region; However, RSI is currently in neutral zone

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