Ethereum the resilient
Updated
Ethereum was unable to surpass the significant resistance level of $3,480. Breaking through this level could have initiated an upward trend for Ethereum.
However, due to a decrease in liquidity and an increase in the dominance of USDT, we currently expect a correction down to the $3,360 range. If this strong support level is decisively broken, we may reach lower support zones.
However, due to a decrease in liquidity and an increase in the dominance of USDT, we currently expect a correction down to the $3,360 range. If this strong support level is decisively broken, we may reach lower support zones.
Note
The result up to this moment has been exactly what I said.
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.