Waseem Ahmad mir
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Ethereum's 200-day EMA battle may determine its next move.
On Sunday, Ethereum price retested its 200-day EMA around $2,438 and found support. As of Monday, it was trading at $2,387, below this level.
If ETH keeps falling and closes below $2,438 daily, it might retest its next support level at $2,000.
If ETH rebounds and the 200-day EMA around $2,438 remains as support, the surge might reach $3,000. #ETH $ETH
On Sunday, Ethereum price retested its 200-day EMA around $2,438 and found support. As of Monday, it was trading at $2,387, below this level.
If ETH keeps falling and closes below $2,438 daily, it might retest its next support level at $2,000.
If ETH rebounds and the 200-day EMA around $2,438 remains as support, the surge might reach $3,000. #ETH $ETH
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