Will ETH make or break current support
Updated
1. Support and Resistance: The Battle Lines
Support Levels: Imagine these as invisible safety nets beneath ETH’s feet. When the price stumbles, they whisper, “Fear not, hodler!”
$3,120 Zone: A cozy spot where ETH sips chai and says, “I shall not fall further!”
100-hourly Simple Moving Average: The trusty sidekick keeping ETH steady.
Resistance Enchantments: These are force fields above ETH’s head, fending off bullish ambitions.
$3,280 Zone: The gateway to moonland. If ETH breaks through, fireworks!
$3,800: The mystical number where resistance dances. It’s like a bouncer at a VIP party.
2. Accumulation Spells: Whales and TVS
Crypto Whales Unite!: Whales amass and stake ETH. 🐋
Recent hefty withdrawals from Binance—$7.2 million and $16 million—straight into staking accounts.
ETH price surged by 5% in 24 hours. Magic in action!
Total Value Staked (TVS) Rising: Climbed to 29,551,488 ETH—that’s $40,839,680.
Investors withdrawing from exchanges, holding ETH for the long haul.
Remember, fellow crypto wizards, ETH’s journey is full of twists. So grab your wands (or trading apps) and chant, “Bull or bear, we ride together!” 🌠✨
#EthereumMagic #CryptoAnalysis #HodlOn
Support Levels: Imagine these as invisible safety nets beneath ETH’s feet. When the price stumbles, they whisper, “Fear not, hodler!”
$3,120 Zone: A cozy spot where ETH sips chai and says, “I shall not fall further!”
100-hourly Simple Moving Average: The trusty sidekick keeping ETH steady.
Resistance Enchantments: These are force fields above ETH’s head, fending off bullish ambitions.
$3,280 Zone: The gateway to moonland. If ETH breaks through, fireworks!
$3,800: The mystical number where resistance dances. It’s like a bouncer at a VIP party.
2. Accumulation Spells: Whales and TVS
Crypto Whales Unite!: Whales amass and stake ETH. 🐋
Recent hefty withdrawals from Binance—$7.2 million and $16 million—straight into staking accounts.
ETH price surged by 5% in 24 hours. Magic in action!
Total Value Staked (TVS) Rising: Climbed to 29,551,488 ETH—that’s $40,839,680.
Investors withdrawing from exchanges, holding ETH for the long haul.
Remember, fellow crypto wizards, ETH’s journey is full of twists. So grab your wands (or trading apps) and chant, “Bull or bear, we ride together!” 🌠✨
#EthereumMagic #CryptoAnalysis #HodlOn
Trade closed: target reached
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