Ethereum's current pullback presents an intriguing scenario.
The
ETHBTC price seems to be seeking support in the range where it retraced during the mid-summer of 2022.
Currently hovering around 0.05, this level stands as a crucial support zone.
If Ethereum maintains above this mark, a potential climb to 0.058 and beyond becomes feasible.
On the flip side, dropping below 0.05 might extend the downtrend. The next moves are uncertain, so stay tuned and observe the market dynamics closely.
The
ETHBTC price seems to be seeking support in the range where it retraced during the mid-summer of 2022. Currently hovering around 0.05, this level stands as a crucial support zone.
If Ethereum maintains above this mark, a potential climb to 0.058 and beyond becomes feasible.
On the flip side, dropping below 0.05 might extend the downtrend. The next moves are uncertain, so stay tuned and observe the market dynamics closely.
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📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.