🔥𝗘𝘁𝗵𝗲𝗿𝗶𝘂𝗺 𝗣𝗿𝗶𝗰𝗲 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 𝗮𝗻𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆🔥
#Ethereum! has experienced a month-long sideways trading pattern between $2400 and $2120, with uncertainty reflected in rejection wicks on daily candlesticks.
A recent 7% price drop was linked to potential rejections of spot Bitcoin #etf
#TechnicalAnalysis indicates challenges above the $2,450 Resistance, with ETH currently recovering above $2,200 and finding Support from the 50-day EMA. The market faces questions about ongoing panic selling and the potential for a breather.
𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀:
RESISTANCE LEVEL: $2,260-$2,300
SUPPORT LEVEL: $2,160-$2,110
𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿❕
Cryptocurrency involves significant risks, and investors should conduct thorough examinations or seek advice before transactions due to lack of regulatory remedies.
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