Ethereum Update: A Decisive Point
ETH is at the edge of the supporting trendline at $3200. A breakdown below this level will drop the price of ETH below 3k, reaching as low as $2500 to $2800.
On the brighter side, we have the 200 EMA acting as support for ETH, and a rebound from this green line could help ETH rally to the resistance level at $3800.
For now, ETH must hold the 200 EMA on this daily timeframe.
Do your own research before investing.
Trade safely.
#Ethereum
On the brighter side, we have the 200 EMA acting as support for ETH, and a rebound from this green line could help ETH rally to the resistance level at $3800.
For now, ETH must hold the 200 EMA on this daily timeframe.
Do your own research before investing.
Trade safely.
#Ethereum
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