ETH Analysis

ETH corrected/retraced overnight from $3446.12 to the lower boundary of the support zone of the previous movement ($3192), which is also the Fibonacci correction level of 0.618 from the previous trend wave.

Currently, the price is in the lower part of the average band of the ascending channel. There is a high probability that the price will retrace to the zone of 3130 - 3100 for further reversal.

🔑 Support zone: 3100 - 3130

📈 Resistance zone: 3200 - 3240

$ETH

ETH
ETH
3,104.51
+1.04%

$BTC

BTC
BTCUSDT
90,115.9
-0.00%

$SOL

SOL
SOL
132.54
+0.27%