Ethereum (ETH): Buying Pressure Is Strong!

2024年9月25日

Ethereum is still trading below EMAs and our smaller resistance zone.

While we had a really good bounce from the support zone here, we are now waiting for that smaller resistance zone near EMAs to be reached and then a steep downward movement to occur!

Swallow Team

2024年9月25日

註釋

On a smaller timeframe, we are still waiting for the price to touch the upper resistance zone, ideally.

So we are looking for 2 possible moves here, where the first one would be a nice rejection from the upper resistance zone and the second one would be a possible slow downward movement to the EMA and a steep selloff from there!