Ethereum maintains its upward trend as it approaches the supply zone and major resistance line from its 2021 peak once again.
The price structure, backed by the 21MA support, shows that momentum remains upward with a strong series of higher lows.
A breakout from this region would mark a transition to a new parabolic phase for ETH.
The price structure, backed by the 21MA support, shows that momentum remains upward with a strong series of higher lows.
A breakout from this region would mark a transition to a new parabolic phase for ETH.
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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.