Ethereum price managed to push through a crucial hurdle and flip into a support floor after the second attempt. A resurgence of buying pressure will likely propel ETH to a new local top.
Ethereum price needs bullish momentum
Ethereum price sliced through the 50-day Simple Moving Average (SMA) on February 9 but failed to sustain this uptrend, leading to a correction. The bulls came together during this pullback and bounced off the $2,823 support level, triggering a 12% ascent. This move set a swing high at $3,187.
Ethereum price needs bullish momentum
Ethereum price sliced through the 50-day Simple Moving Average (SMA) on February 9 but failed to sustain this uptrend, leading to a correction. The bulls came together during this pullback and bounced off the $2,823 support level, triggering a 12% ascent. This move set a swing high at $3,187.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.