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$ETH Update – At Resistance !!
Ethereum is once again testing the $2,300–$2,350 resistance zone, and price is starting to slow down after the recent push.
The structure still looks like a rising channel, but momentum is not very strong at the top. We’ve seen similar reactions here before, and price is beginning to hesitate again.
The EMA is also acting as dynamic support, previous bounces from it have held well, and we’re seeing a similar reaction once again.
If ETH gets rejected here, a move back toward the $2,100–$2,000 zone becomes likely.
For now, it’s a key area, and the reaction here will decide the next move.
DYOR. NFA.
#Ethereum #ETH
Testing resistance at 80k. The 60k resistance is very solid.
I bought BTC at 68k... ETH bought at... $1951? Sold at $2400? Locked in a 25% profit. Have you guys been able to make any percentage?