Ethereum (ETH): Possible Switch of Trend (Upward Movement)
2024-11-08

Elections have had their own impact on Ethereum, where we are yet far from the ATH zone, but we are seeing some improvement in the price action. 

With the recent high volume break of resistance (which has been re-tested as well), we are now switching here to a different strategy where we are looking for slight upward movement to happen on the ETH coin. 

We are expecting the price to touch the CME gap after what we want to see some smaller correction (which should not go past support zone) in order to correct the overbought RSI.

This would give us a good possible buy opportunity on the coin, so keep our attentions on both support and resistance zones for now!

Swallow Team