If I had to describe the current situation in one sentence, it would be: “Resistance at the highs, moving averages breached! $ETH ’s short-term trend has shifted from strong to weak; beware of a second retest!”
After hitting a recent high of 2,806.76, $ETH failed to hold onto its gains and instead staged a sharp pullback. The price has not only plunged 4.12% in a single day, but also decisively broken below the short-term lifeline. $ETH
After hitting a recent high of 2,806.76, $ETH failed to hold onto its gains and instead staged a sharp pullback. The price has not only plunged 4.12% in a single day, but also decisively broken below the short-term lifeline. $ETH