Some time ago I made an analysis on the fact that ETH has been making higher-highs and higher lows, confirming the daily uptrend after the FTX sell-off last month.
with today's positive inflation data ETH has seen a massive surge in buyers, only to find resistance on the FTX correction (yellow).
Once ETH will break out through the yellow resistance, I'm expecting a move towards the longer-term diagonal purple resistance area, around $1450.
Let's see if the FED can push us to >1400 tomorrow.
with today's positive inflation data ETH has seen a massive surge in buyers, only to find resistance on the FTX correction (yellow).
Once ETH will break out through the yellow resistance, I'm expecting a move towards the longer-term diagonal purple resistance area, around $1450.
Let's see if the FED can push us to >1400 tomorrow.
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