ETH Market Trend Analysis (4h)
Revisiting the ETH chart trends, there are currently no significant signs of a price bottom. Based on a comprehensive assessment of the market conditions, there is also no strong support level at present. If prices continue to decline, the support levels to watch will be around 3089 near the ema200 moving average and the area around 3016, which is near the 0.618 Fibonacci retracement level.
According to the information presented by the market data, these two points will become key support positions for Ethereum, along with the important psychological level of 3000. Therefore, if you intend to enter the market, it is advisable to make decisions based on market reactions near the support levels.
Daily market analysis and recommendations for high-potential coins. Long-term, irregular recommendations for quality individual coins and market analysis, follow the homepage to stay on track.
Daily market analysis and recommendations for high-potential coins. Long-term, irregular recommendations for quality individual coins and market analysis, follow the homepage to stay on track.
