ETHEREUM/USDT/BINANCE/15M

52
In this time frame, the price is moving in the circuit of a downward trend line and has faced resistance in the range of $1310 and has seen a Sharpie fall to the range of $1265 and with the formation of a Bearish flag pattern which is a kind of continuing pattern, we expect further decline to the $1244 range. If the $1260 range continues to support and a high volume of purchases enters the market, we can expect the price to rise to the $1310 resistance range.


Resistance range: 1287-1300-1310
Support range: 1271-1260-1244

important news:

Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
Oct 11, 202207:29
ETHUSDT−1.00%

A new layer-3 (L3) prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023.

Goodluck
Sanam

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