Hello, guys!
Let's take a look at the global bull run ETH analysis. We can notice that during November 2020 the 30-day EMA acted as a strong support. The price always tend to this dynamic support. Now it is short correction after the big move in the upward direction.
The current situation reflects the support at the $1515, the huge rejection over here. But it should not be a surprise if the price reach the $1380. This is a very strong support because it is the previous ATH and price had the multiple attempts to break it and the 30-day EMA is going to be here.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Let's take a look at the global bull run ETH analysis. We can notice that during November 2020 the 30-day EMA acted as a strong support. The price always tend to this dynamic support. Now it is short correction after the big move in the upward direction.
The current situation reflects the support at the $1515, the huge rejection over here. But it should not be a surprise if the price reach the $1380. This is a very strong support because it is the previous ATH and price had the multiple attempts to break it and the 30-day EMA is going to be here.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Skyrex.io is an AI-powered platform designed to make professional-level cryptocurrency trading effortless and accessible for everyone
Access free SmartTrade terminal and automated AI bot at app.skyrex.io
Access free SmartTrade terminal and automated AI bot at app.skyrex.io