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Ethereum 233.89 USDT (+ 1.28%)
Ethereum performed above the coin market this morning, as the second largest currency in the market share and became a source of morale for investors from the beginning of the week. While we are waiting for news from the Ethereum 2.0 update, we see that ETH miners have brought up the agenda to increase the amount of transactions per second. Ethereum miners have started a serious struggle to increase the block gas limit from 10.000.000 to 12.500.000 million at the moment on the news on the koinbulteni.com news site. It is stated that if the gas limit is increased, the maximum processing capacity per second will increase from 35 to 44. On the other hand, the increase in the density of the coins that use the Ethereum network with the stagnation in Bitcoin's prices and the attention of their price performances are the fundamental aspects of Ethereum as its technological infrastructure and purpose of use. highlights. You can see the condensations in the ethereum network in the gas graph below.
When we consider Ethereum technically; We see that Bollinger bands work very successfully with the decrease in volatility as well as this trend. We see that Bollinger lower band passes 224 USDT and 50-day moving average is 220 USDT. We can explain the meaning of this process in terms of; The price coming to the bollinger subband is expected to react with some exceptions and exceptions. The low volatility also enables the bollers to guide us more accurately. So if we expect a reaction above 224 USDT level, we can establish the roof of the buying strategy in these regions. In the case of possible downward sagging, the 220 USDT level life buoy with 50 days pass may serve. If you wish, you can spread to 220-224 USDT region with a gradual buying strategy, or you can perform some faster transactions by not waiting for the prices to retract by determining the amount of stop behind 220 USDT.
Resistors: 237/248/257
Supports: 224/220 / 217-215
