Why $ETH Is Struggling at $2023 (And the Exact Levels to Watch)
Ethereum is sitting at 2023 dollars, down over three percent on the day after failing to hold the 20-hour moving average at 2036 and the 50-hour moving average at 2051. With the 14-period RSI sliding down near 32.9, momentum favors the sellers in this oversold bearish trend. Immediate downside risk looms if the daily low of 1983 gives way. Meanwhile, TON is trying to stabilize flat near 1.60 with a neutral RSI of 49.1, but all eyes remain glued to whether Ethereum can defend its crucial psychological floor.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$ETH $TON #Bitcoin #CryptoMarket #TradingView
Ethereum is sitting at 2023 dollars, down over three percent on the day after failing to hold the 20-hour moving average at 2036 and the 50-hour moving average at 2051. With the 14-period RSI sliding down near 32.9, momentum favors the sellers in this oversold bearish trend. Immediate downside risk looms if the daily low of 1983 gives way. Meanwhile, TON is trying to stabilize flat near 1.60 with a neutral RSI of 49.1, but all eyes remain glued to whether Ethereum can defend its crucial psychological floor.
What is your personal invalidation level on this setup: holding or cutting if support breaks?
$ETH $TON #Bitcoin #CryptoMarket #TradingView
