Ethereum fell sharply yesterday following a market crash. The candle opened at 4288 the previous day, falling to $ 3956. The very strong support of $ 4,000 has not been broken even with the selling pressure of some market whales that were trying to save profit. And power is still in the hands of buyers.
If Ethereum can make up for some of its loss the day before, it is very unlikely to break this range. If the 4-hour candle closes above $ 4,100, the chances of further correction are reduced.
If Ethereum can make up for some of its loss the day before, it is very unlikely to break this range. If the 4-hour candle closes above $ 4,100, the chances of further correction are reduced.
Note
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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.