ETHEREUM IS STRUGGLING TO RECLAIM RESISTANCE.
Since the beginning of August, ETH has repeatedly attempted to recover the $1,977 level. The latest push was rejected aggressively near $1,930, showing that sellers are still defending the area.
If this pressure continues, price could rotate back toward the major support zone around $1,820.
The bearish outlook changes if ETH reclaims $1,930 and begins holding above it. Until then, $1,820 remains the downside level to watch.
#Ethereum #Trading
$XRP
$RARE
$DOGE
Since the beginning of August, ETH has repeatedly attempted to recover the $1,977 level. The latest push was rejected aggressively near $1,930, showing that sellers are still defending the area.
If this pressure continues, price could rotate back toward the major support zone around $1,820.
The bearish outlook changes if ETH reclaims $1,930 and begins holding above it. Until then, $1,820 remains the downside level to watch.
#Ethereum #Trading
$XRP
$RARE
$DOGE