Ethereum Dilemma: $2,819 Drop or $3K Breakthrout?
Updated
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important.
The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance.
A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance.
A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
Comment
Ethereum is still bearish in the daily chart and can decline to $2,819, if is unable to re-claim $3,006.A bullish break-out of $3,006 will lead to $3,354, a critical daily resistance.
⚠️ An inability to re-claim $3,006 may trigger a bearish momentum any moment targeting $2,597.
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