$ETH
is bearish short term. As of Oct 24, ETH was about $2,294, down 4.6% in 24 hours, with a market cap near $280B. (metamask)
Trend: ETH was around $2,693 on Oct 1, so it has slid roughly 15% this month. A brief bounce to about $2,465 on Oct 21 didn't hold. (Fortune) (Fortune)
Year over year: ETH is down about 36% from a year ago, and well below its all-time high of about $4,946. (Fortune) (metamask)
Levels to watch: Support is near $2,300 (now being tested). Resistance is around $2,450–2,500, where the Oct 12–14 price range sat. A clean break below $2,300 could open further downside, while reclaiming $2,500 would ease the pressure.
#BinancePick #EarningsSeason #DowDrops653Points #MarketsPriceJust10%ChanceOfFedHikeNextWeek
is bearish short term. As of Oct 24, ETH was about $2,294, down 4.6% in 24 hours, with a market cap near $280B. (metamask)
Trend: ETH was around $2,693 on Oct 1, so it has slid roughly 15% this month. A brief bounce to about $2,465 on Oct 21 didn't hold. (Fortune) (Fortune)
Year over year: ETH is down about 36% from a year ago, and well below its all-time high of about $4,946. (Fortune) (metamask)
Levels to watch: Support is near $2,300 (now being tested). Resistance is around $2,450–2,500, where the Oct 12–14 price range sat. A clean break below $2,300 could open further downside, while reclaiming $2,500 would ease the pressure.
#BinancePick #EarningsSeason #DowDrops653Points #MarketsPriceJust10%ChanceOfFedHikeNextWeek
