CandleFocus Ethereum Remains Above $2,300 But Stays Within Its Range
2024-10-04
Author: Content Editor
The price of Ethereum (ETH) has fallen below its moving average lines and is currently trading in the range of $2,200 to $2,800. It has found support above the critical level of $2,300 and is rising towards the moving average lines. However, if the current support is broken, Ether may fall to previous lows of $2,200 and $2,000. The bearish crossover of the moving average lines on the 4-hour chart suggests a negative signal. The resistance levels for Ether are $4,000 and $4,500, while the support levels are $3,500 and $3,000. Although there are long candlestick tails indicating support at the lower price point, readers are advised to do their research before investing.
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