Is there hope for ETH to recover?
ETH trades around 2.3k, just below 4HR 50MA, after facing resistance around 2.4k. Failing to create HHs could signal lower prices with the first bearish target being 2k - 2.1k. Closing above 2.4k would signal a shift in sentiment or momentum.
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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.