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ETH: high up
2022-12-13
1216
Fundamental analysis:
Ethereum remained oscillating around 1270, and the cryptocurrency payment application MoonPay was registered by the UK Financial Conduct Authority (FCA), indicating compliance with local money laundering rules. MoonPay, which appeared on the FCA's roster on December 9, provides a programming interface to handle procedures for identifying customers and fighting fraud.
Ethereum ETHUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: high short-term wide fluctuations, bullish momentum has signs of upward momentum, MACD indicator is hovering weakly near the 0 axis, RSI indicator is at the 50 balance line;
Long-short turning point: 1267
Repression: 1252, 1296
Support: 1249, 1235
Trading strategy: Bullish above 1267, target 1252, 1296
Alternative strategy: bearish below 1267, target 1249, 1235
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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