The ETH price has already returned to the vicinity of the lower band of the 2400 previous support/platform level. This is also the position where we went all-in at the time, and now it’s back again—this same spot is also one of the buy points on the 60-day moving average.
In the early stages of past bull markets, there have been instances where the price pulled back to the 200-day moving average. This suggests that 2400 might not be the final low point of the pullback. If there is an opportunity to return to the 200-day moving average (2100), that would also be a buy point—don’t miss it.
Today, it most likely will test 2400 again. If it cannot break below this level, we should see a strong short-term rebound with resistance at 2513. Hurry up and come along.
$ETH #Ethium
In the early stages of past bull markets, there have been instances where the price pulled back to the 200-day moving average. This suggests that 2400 might not be the final low point of the pullback. If there is an opportunity to return to the 200-day moving average (2100), that would also be a buy point—don’t miss it.
Today, it most likely will test 2400 again. If it cannot break below this level, we should see a strong short-term rebound with resistance at 2513. Hurry up and come along.
$ETH #Ethium