ETH Faces Tremors This Week, Will It Go Beyond Resistance 1?
Ethereum Hinaharap ng ETH ang mga Panginginig Ngayong Linggo, Lalampas Ba Ito sa Paglaban 1? Balita ng Ethereum ng Bitcoin Crypto Tony claimed that ETH was rejected again from the supply zone. Ethereums native token is currently above the 200 EMA, which could indicate a bull run. Indicators show that there could be an unpredictable nature of ETH. Taking to Twitter, popular crypto analyst, Crypto Tony, shared an update about the ETH/USD trading pair. The crypto analyst claimed that ETH was rejected again from the supply zone; moreover, advised investors that they need it to flip at the current level into the support for the long run. When looking at the 4-hour chart, Ethereums native token is currently above the 200 EMA, however, it recently broke through the 50 EMA line, still within its range. While the start of the new year saw the start of a bull run, currently, ETH is fighting hard to remain in a bullish season. Yesterday, ETH reached the Resistance 1 region, before traveling downwards to meet the 50 EMA. Before the current position, ETH observed two patterns, the double top, and the double bottom. While the double top provided an entry for ETH to be below the Resistance 1 region, the double