Ethereum (ETH): Price Still Below Bounce Zone / Resistance Zone
2024-12-27
Category: None

Ethereum is still trading below our bounce zone, which marked a resistance for the coin (and also got alined with EMAs).

After a successful re-test, price has been in a decline trend here so we expect further pressure from sellers to be shown, which would lead price to a break of lows here and towards the support zone!

Swallow Team