FxNews
Well-known member
Ethereum Tests Key Support at $4,535
FenzoFx—Ethereum’s downtrend eased after hitting the bullish breaker at $4,425.00. It currently trades near $4,540.00, down 1.00% today. Immediate support lies at $4,535.00. A close below this level could extend the decline toward the equal lows at $4,425.00 and possibly $4,240.00.
The bearish outlook remains unless Ethereum exceeds $4,700.00 and closes above the bearish fair value gap.
FenzoFx—Ethereum’s downtrend eased after hitting the bullish breaker at $4,425.00. It currently trades near $4,540.00, down 1.00% today. Immediate support lies at $4,535.00. A close below this level could extend the decline toward the equal lows at $4,425.00 and possibly $4,240.00.
The bearish outlook remains unless Ethereum exceeds $4,700.00 and closes above the bearish fair value gap.
