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FX.co ★ Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday August 25 2023.

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Crypto Analysis:::2023-08-25T04:56:31

Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday August 25 2023.

Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday August 25 2023.

After being held back and testing the Bearish Fair Value Gap area level several times, Ethereum is now weakening again, especially coupled with the price movement being below the red line of the Supertrend indicator and also confirmed by the Trendilo indicator which is below its bottom line, so it can be predicted that In the next few days, Ethereum has the potential to weaken to the level of 1545.80 unless on its way to that level, Ethereum is suddenly corrected upwards significantly, especially if it breaks above the 1807.83 level, then all of the scenarios described earlier will become invalid and cancel automatically.

(Disclaimer)

Analyst InstaForex
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