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ETH daily.
Price is pushing into the $2,200–$2,400 demand zone for the third time.
Each visit has seen a reaction. This one is no different so far.
EMA 200 at $2,662 is miles away and still pointing down.
The February crash volume was the biggest spike on this chart by far.
That was the capitulation. We have been slowly reclaiming since.
$2,400 is the level to watch:
- Break and hold above it and ETH starts looking interesting again.
- Lose $2,200 and the next support is $1,800.