So, you thought crypto was a walk in the park? Well, think again! According to CoinMarketCap, most coins are taking a snooze. 🛌💤
ETH/USD: The Rollercoaster Ride
Ethereum (ETH) is the belle of the ball today, tripping down the stairs with a 7.7% plunge. Ouch! 🤕
On the hourly chart, ETH’s price is doing the limbo after a fake breakout at $1,929. If the daily bar closes far from that mark, get ready for a support test tomorrow. It’s like watching a trainwreck in slow motion! 🚂💥
On the bigger time frame, the main altcoin has bounced off the nearest support level of $1,810. But hey, don’t get your hopes up too high! 🙄
If sellers keep pushing and the candle closes near or below that mark, expect an ongoing dive to the $1,700 area. It’s like a bad sequel nobody asked for! 🎬👎
From the midterm point of view, there are no reversal signals yet. If ETH doesn’t get its act together and return above $2,000, we might see a test of the $1,463 support level. Buckle up, folks! 🎢🌬️
Ethereum is currently trading at $1,853. Will it sink or swim? Stay tuned for the next episode of “Crypto Drama”! 🎭👀
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2025-03-11 18:29