Ethereum Is Now At The Bull Market Support Band—Here’s Why It’s Bullish
Photo: ZyCrypto
Ethereum is currently trading at a critical technical level known as the bull market support band, according to a chart shared by crypto analyst CryptoGoos. The daily chart of ETH/USDT on Binance when broken down, displays price action pressing into the upper edge of this support zone, which spans approximately $2,165 to $2,321. An arrow on the chart highlights the current test of this area after a recent pullback. The analyst further observed that ETH has reached this band and suggested a local bottom is likely to form somewhere within it.
Source: ZyCrypto
