According to the technical analysis, Ether Leeuum only has Exhibited a failed golden cross On the first candle stick time chart. The golden cross is widely known as an optimistic momentum signal. This technical formation, where the 50 -day moving average is higher than the 200 -day moving average, lasted 18% in December 2024 on Ether Leeum’s daily candlestick chart.
But this time the story is very different. fairly Rather than causing other rallyEther Leeum’s price behavior It was quite flat It is difficult to imagine more than $ 3,000.
Subsequent measures lack the weakness of Ether Leeum.
According to the technical analysis mentioned in Social Media Platform X, Ether Leeum recently exhibited a golden cross. But according to the analyst, this was a failed Golden Cross because Ether Leeum’s price rarely moved when it occurred for a daily period.
Analysts named Honey on social media platform The lack of exercise pointed out It shows more profound problems in terms of current market conditions, especially liquidity and emotions. Golden Cross had to inject life into Ether Leeum’s price behavior, but instead Show the absence of exercise.
After crossover, Ether Leeum’s price achievement made the pattern feel like a wrong signal than the Golden Crossover is mainly known. The chart below has an average moving average, but at that moment, the price behavior around it shows no incident and even slightly weak. This is a big difference from what happened in December 2024, followed by the same pattern, followed by rapid upside push. At the time, Ether Lee’s price surged by about 18%, so it touched $ 4,000 very short.
Returning to $ 3,000 can take longer than expected
The larger takeout is not only a failed brake out, but also a hint of the upcoming branch. According to the analyst, the entire password market is especially Q3, especially especially Bitcoin is less than $ 111,000.
In this environment, it is difficult to imagine that Ether Lee is running cleanly on a $ 3,000 milestone. Despite the so far Ether Leeum has been so far, the lack of driving force is not suitable for optimistic predictions. We maintained the basis at the level of support About $ 2,400.
At the time of writing, Ether Leeum is trading at $ 2,548, down 2.1% over the last 24 hours. Coingecko’s data shows this I reached the main Altcoin In the last 24 hours, $ 2,630’s patience has not been maintained. In order for Ether Leeum to move away from the current area and move to $ 3,000, it requires a wave of liquidity and trust.
This recent volatility is difficult for Ether Leeum’s strong outlook Long -term view Relatively strong. Interestingly, I think there is an Ether Leeum. This period is over $ 10,000.
Istock’s main image, TradingView.com chart
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
