ETH Long Term

2022년 2월 24일

Analysis done on daily candles. Crypto markets are facing another test from the political events around the world, but the overnight invasion didn't cause a severe drop in the major names like ETH. The coin is still trading above its January lows of 2150.00 so going forward that should be the main support in focus. The build up to the invasion started months ago and the decline may already priced in so it's not necessarily true that markets will shift lower from here. ETH overall is still in a good position, would need a break above 2600.00 for a chance to move back above 3000.00.