A bullish development, another one, taking place on the ETHUSD (Ethereum) chart.
Prices have gone above EMA50 and EMA100 on the 4h timerame.
Ethereum hasn't been trading above EMA100 since April 2022...
See the chart:
- As ETHUSD lost EMA100 as support, a very strong decline followed!
Now, when we look at the current price dynamics, we can see ETHUSD trading above this level after a rejection 26-June.
With this resistance level gone, we can expect a higher high in the days and weeks to come.
Ethereum, together with Bitcoin, Cardano and the rest of the Cryptocurrency market, will grow.
Namaste.
Prices have gone above EMA50 and EMA100 on the 4h timerame.
Ethereum hasn't been trading above EMA100 since April 2022...
See the chart:
- As ETHUSD lost EMA100 as support, a very strong decline followed!
Now, when we look at the current price dynamics, we can see ETHUSD trading above this level after a rejection 26-June.
With this resistance level gone, we can expect a higher high in the days and weeks to come.
Ethereum, together with Bitcoin, Cardano and the rest of the Cryptocurrency market, will grow.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.