Ethereum Closes with 10% Loss, Testing Key Support at $2,400
Market Update:
Ethereum had a challenging week, closing with a 10% loss, briefly dipping below $2,400.
ETH is now attempting to reconfirm $2,400 as support after wiping out all gains from September, turning market bias bearish.
Technical Outlook:
Ethereum is on the verge of making a lower low, and the coming days are crucial for the remainder of the month.
If weakness persists, the price could drop to $2,200, but if buyers return, a recovery towards $2,500 is possible.
#Ethereum #ETH #CryptoMarket #BearishBias #PriceAction #SupportLevels #ETHUpdate
Ethereum had a challenging week, closing with a 10% loss, briefly dipping below $2,400.
ETH is now attempting to reconfirm $2,400 as support after wiping out all gains from September, turning market bias bearish.
Technical Outlook:
Ethereum is on the verge of making a lower low, and the coming days are crucial for the remainder of the month.
If weakness persists, the price could drop to $2,200, but if buyers return, a recovery towards $2,500 is possible.
#Ethereum #ETH #CryptoMarket #BearishBias #PriceAction #SupportLevels #ETHUpdate
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.