DECISION ZONE FOR $ETH ! PAY CLOSE ATTENTION
#EtherGains70.9%InQ3 EtherGains70.9%InQ3 is the largest altcoin. The rally is driven by Bitcoin’s recovery. There are many factors at play, such as demand before and after the interest rate decision. However, in this article, we’ll focus solely on technical analysis.
From a technical perspective, we’re seeing a new range structure emerge. Breaking above the upper band of this range currently looks quite challenging for #Ethereum , though not impossible.
If it breaks above the middle band, a rally up to the $2,800 level is quite possible and likely.
If it remains below this level, the range low will be retested. Prices could drop to the $2,600 level or even dip slightly lower. Therefore, you should pay close attention to this level.
$ETH
#Binance #BTC
#EtherGains70.9%InQ3 EtherGains70.9%InQ3 is the largest altcoin. The rally is driven by Bitcoin’s recovery. There are many factors at play, such as demand before and after the interest rate decision. However, in this article, we’ll focus solely on technical analysis.
From a technical perspective, we’re seeing a new range structure emerge. Breaking above the upper band of this range currently looks quite challenging for #Ethereum , though not impossible.
If it breaks above the middle band, a rally up to the $2,800 level is quite possible and likely.
If it remains below this level, the range low will be retested. Prices could drop to the $2,600 level or even dip slightly lower. Therefore, you should pay close attention to this level.
$ETH
#Binance #BTC