Ethereum evening check. This morning I asked if the bounce could hold $1,800 into tonight — here is the answer.
$ETH is at $1,826, down -4.5% in 24 hours. The low is $1,711, the high $1,915. Volume is $1.09B.
It was not a clean hold. ETH slipped under $1,800 three times this afternoon, down to $1,773. Then the 18:00 candle pushed it back up to $1,845, on the biggest hourly volume of the evening.
So $1,800 is still the line. Above it, $1,845 is the first resistance. Below it, $1,711 is the low to hold.
ETH is still falling faster than Bitcoin — $BTC is -2.9% today at $65,450.
Fear and Greed is at 10. Extreme Fear.
The bounce survived the evening test, but it has not turned into anything more yet. Would you call that a floor, or just a pause before the next leg down?
#Ethereum #ETH #Crypto
Not financial advice.
$ETH is at $1,826, down -4.5% in 24 hours. The low is $1,711, the high $1,915. Volume is $1.09B.
It was not a clean hold. ETH slipped under $1,800 three times this afternoon, down to $1,773. Then the 18:00 candle pushed it back up to $1,845, on the biggest hourly volume of the evening.
So $1,800 is still the line. Above it, $1,845 is the first resistance. Below it, $1,711 is the low to hold.
ETH is still falling faster than Bitcoin — $BTC is -2.9% today at $65,450.
Fear and Greed is at 10. Extreme Fear.
The bounce survived the evening test, but it has not turned into anything more yet. Would you call that a floor, or just a pause before the next leg down?
#Ethereum #ETH #Crypto
Not financial advice.
