Wave 3 Setup? Ethereum (ETH) Price Dips to Ideal Buy Zone
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Ethereum is trading at around $2,850 at the time of writing. Over the past 24 hours, the asset is up 1%. Over the last 7 days, though, it has lost 10%. Trading volume has reached $23.8 billion in the past day.
Wave Structure Repeats
Analyst Merlijn The Trader has pointed to a recurring price structure on Ethereum’s 2-week chart. The setup follows a sequence of three moves. The first is an impulsive rally. The second is a corrective drop. The third, often the largest, is a breakout leg. According to the chart, Ethereum is now in the second stage.
In This News
Coins
$ 2.96K
+5.35%Share:
In This News
Coins
$ 2.96K
+5.35%Share:
Read More
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Wave 3 Setup? Ethereum (ETH) Price Dips to Ideal Buy Zone
Share:
Ethereum is trading at around $2,850 at the time of writing. Over the past 24 hours, the asset is up 1%. Over the last 7 days, though, it has lost 10%. Trading volume has reached $23.8 billion in the past day.
Wave Structure Repeats
Analyst Merlijn The Trader has pointed to a recurring price structure on Ethereum’s 2-week chart. The setup follows a sequence of three moves. The first is an impulsive rally. The second is a corrective drop. The third, often the largest, is a breakout leg. According to the chart, Ethereum is now in the second stage.
In This News
Coins
$ 2.96K
+5.35%Share:
In This News
Coins
$ 2.96K
+5.35%Share:
Read More
Ethereum’s (ETH) 45% Drop Sets Stage for Bigger Upside This Cycle