In this time frame, technically, the price after the drop of Sharpe, which has hit the support range of $1551, entered the correction phase and formed a Bearish Flag pattern.
The data is a kind of descending pattern. But in addition to technical analysis, the topic of fundamentals can be very effective in the Ethereum trend. Witness the merge project today It will be Ethereum, which will take about 12 hours. If this project is successful, we will see the price of Ethereum rise, and if it fails, we will see a sharp drop in the price.
Support range: 1552-1486-1426
Resistance range: 1673-1718-1786
The data is a kind of descending pattern. But in addition to technical analysis, the topic of fundamentals can be very effective in the Ethereum trend. Witness the merge project today It will be Ethereum, which will take about 12 hours. If this project is successful, we will see the price of Ethereum rise, and if it fails, we will see a sharp drop in the price.
Support range: 1552-1486-1426
Resistance range: 1673-1718-1786
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.