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23.12 - 15:49
Ethereum, EOS, VeChain Price Analysis: 21 December
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Bitcoin’s price was pushed to the $45.7 area in a search for liquidity once more, and it has found buyers over the past few hours and was trading at $48.6 at press time. Altcoins reacted favorably to BTC’s bounce. Ethereum was trading above the $4000 mark once more, while EOS broke past a trendline resistance from a month earlier. VeChain also posted gains of around 5% since yesterday’s lows.
Source: ETH/USDT on TradingView
ETH visited the $3800 area (cyan box) where the bidding was strong and, coupled with a BTC bounce, ETH was also able to climb toward $4000 over the past few hours.
The Fixed Range Volume Profile for the month of December showed the Point of Control (red) to be at $4035, where ETH was trading at the time of writing. The
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