TradingView
Mrsam36
Jan 24, 2024 10:15 AM

Eth bouncing area read the caption  Long

Ethereum / U.S. dollarBitstamp

Description

U.Today - Ethereum finds itself shaky on the edge of a precarious position. The recent price chart indicates a concerning situation: the 100-day Exponential Moving Average (EMA), a key indicator of uptrend momentum, is under threat. If this level fails to hold, Ethereum could see its value dump to the $2,447 mark, a scenario that may well trigger a more pronounced decline.
More