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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
Crypto Potato 2022-12-23 16:22:10

ETH Needs to Break This Level to Initiate a Rally (Ethereum Price Analysis)

ETH Needs to Break This Level to Initiate a Rally (Ethereum Price Analysis)
Ethereum’s price has dropped below a significant resistance zone where the 100-day and 50-day moving averages and a recently formed channel’s middle boundary had a stronger confluence. Therefore, a possible uptrend will be possible only if the price exceeds this range. Oppositely, a rejection might trigger another bearish leg. Technical Analysis By Shayan The Daily
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