Market Update:
Ethereum had a challenging week, closing with a 10% loss, briefly dipping below $2,400.
ETH is now attempting to reconfirm $2,400 as support after wiping out all gains from September, turning market bias bearish.
Technical Outlook:
Ethereum is on the verge of making a lower low, and the coming days are crucial for the remainder of the month.
If weakness persists, the price could drop to $2,200, but if buyers return, a recovery towards $2,500 is possible.
#Ethereum #ETH #CryptoMarket #BearishBias #PriceAction #SupportLevels #ETHUpdate
Ethereum had a challenging week, closing with a 10% loss, briefly dipping below $2,400.
ETH is now attempting to reconfirm $2,400 as support after wiping out all gains from September, turning market bias bearish.
Technical Outlook:
Ethereum is on the verge of making a lower low, and the coming days are crucial for the remainder of the month.
If weakness persists, the price could drop to $2,200, but if buyers return, a recovery towards $2,500 is possible.
#Ethereum #ETH #CryptoMarket #BearishBias #PriceAction #SupportLevels #ETHUpdate
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.