🚨 $ETH couldn't hold $2,400: it's at around $2,387 and hit $2,351 today, a new 20-candle low on the 4-hour chart.
It remains below its 4-hour EMAs 20, 50, and 200 ($2,414–$2,516), with an RSI of 42. Support: $2,351, followed by the 20-day low (around $2,313). To reverse course, it needs to reclaim $2,400 and then around $2,414 (the 4-hour EMA 20).
A bounce, or are we heading for $2,313? 👇
#Ethereum #ETH #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
It remains below its 4-hour EMAs 20, 50, and 200 ($2,414–$2,516), with an RSI of 42. Support: $2,351, followed by the 20-day low (around $2,313). To reverse course, it needs to reclaim $2,400 and then around $2,414 (the 4-hour EMA 20).
A bounce, or are we heading for $2,313? 👇
#Ethereum #ETH #Cripto #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.