There has been several fundamentals affecting the crypto market. However, the Russian - Ukraine war is the major fundamental currently.
There was a pull back following the blood shed that happened few days back. ETH has retraced to over $2800 before the fell to just below FIB 23.8 that is now acting as resistance zone.
If the Bull's are able to break through this level and break through $2900 - $3000 zone (which is above the trendline and horizontal line), we may see ETH rally back to $3200 and $3600 levels.
NOTE: Be careful with your trades this period as liquidation is happening daily.
I WILL APPRECIATE YOUR LIKE, FOLLOW, COMMENT AND CRITIQUE
There was a pull back following the blood shed that happened few days back. ETH has retraced to over $2800 before the fell to just below FIB 23.8 that is now acting as resistance zone.
If the Bull's are able to break through this level and break through $2900 - $3000 zone (which is above the trendline and horizontal line), we may see ETH rally back to $3200 and $3600 levels.
NOTE: Be careful with your trades this period as liquidation is happening daily.
I WILL APPRECIATE YOUR LIKE, FOLLOW, COMMENT AND CRITIQUE
Comment:
i hope we break out of the resistance zone of $2900 - $3000
Comment:
A perfect resistance trendline.
