Release: 2024/11/02 18:12 Reading: 664
Ethervista Price Surges 50%
In the past 24 hours, the Ethervista price has seen a remarkable surge of 50%, reaching $71.21 at 10:54 p.m. EST. Trading volume has also skyrocketed by 112% to $57.3 million.
Sustained Bullish Rally
According to data from GeckoTerminal, Ethervista's price has been on a parabolic trajectory, moving upwards from its mid-October consolidation range within the $10 mark. It has surpassed both the 50-day and 200-day Simple Moving Averages (SMAs).
Technical Indicators
The Relative Strength Index (RSI) is at 86.63, indicating overbought conditions. The MACD line (blue) is above the signal line (orange), with a substantial gap, indicating strong bullish momentum. However, these indicators also suggest a potential correction or pause.
Ethervista Price Prediction
Ethervista's bullish rally continues, with bulls aiming to sustain the trend. If the price maintains its upward trajectory, it could target $90. However, the sharp upward move, coupled with overbought indicators, suggests a potential retracement.
Support Levels
Possible support levels in the event of a retracement include previous resistance levels near the 50-day SMA ($22.84) and the 200-day SMA ($10.56).
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