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In general, ETHUSDT experienced significant fluctuations yesterday, with the market responding strongly to the price increase. As of now, the price is trading around $3,936, below the psychological resistance level of $4,000, marking a 1.89% increase for the day.
On the 1-hour chart, ETHUSDT is currently receiving strong support at $3,855 and $3,736. Breaking below the final support level could lead to a significant price decrease, while maintaining above this level could result in a price increase. It is expected that the price will recover after touching the aforementioned support level and retesting the EMA 34,89.
In general, ETHUSDT experienced significant fluctuations yesterday, with the market responding strongly to the price increase. As of now, the price is trading around $3,936, below the psychological resistance level of $4,000, marking a 1.89% increase for the day.
On the 1-hour chart, ETHUSDT is currently receiving strong support at $3,855 and $3,736. Breaking below the final support level could lead to a significant price decrease, while maintaining above this level could result in a price increase. It is expected that the price will recover after touching the aforementioned support level and retesting the EMA 34,89.
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