$ETH Ethereum is showing a modest recovery after a sharp decline. However, the overall short-term trend remains weak.
According to the latest November 2 market analysis:
ETH was trading around $2,291.
Buyers were attempting to defend the $2,200–$2,250 area.
RSI had recovered towards 37, but remained in bearish territory.
ETH was still below several important moving averages.
Negative MACD momentum suggested that the recovery was not yet a confirmed trend reversal.
#ETH #ETH🔥🔥🔥🔥🔥🔥 #Ethereum #ETHETFsApproved
According to the latest November 2 market analysis:
ETH was trading around $2,291.
Buyers were attempting to defend the $2,200–$2,250 area.
RSI had recovered towards 37, but remained in bearish territory.
ETH was still below several important moving averages.
Negative MACD momentum suggested that the recovery was not yet a confirmed trend reversal.
#ETH #ETH🔥🔥🔥🔥🔥🔥 #Ethereum #ETHETFsApproved
