Ethereum (ETH) has been trading within a sideways range since May 10, fluctuating between $2,400 and $2,700.
Recently, it has established a new support level around $2,500, suggesting that higher lows are forming.
A confirmed breakout requires a daily candle close above the $2,700 resistance level (200Days MA).
DYODD
Recently, it has established a new support level around $2,500, suggesting that higher lows are forming.
A confirmed breakout requires a daily candle close above the $2,700 resistance level (200Days MA).
DYODD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.