In November, when the BTCUSDT price updated the 2022 low, ETH buyers did not allow the price to update the annual low.
In November, the fall of the ETHUSDT price stopped in the liquidity zone of $1000-1250. This zone has played an important role in supporting buyers since 2021.
In the near future, Ethereum buyers have an important task to fix the Ether price above the liquidity zone, that is, above $1250
So, in the event of a "positive" in the cryptocurrency market, we have the following assumption of the possible movement of the ETHUSD price:
Growth to $1540 - correction to $1200-1250 - growth to $1900
_____________________
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In November, the fall of the ETHUSDT price stopped in the liquidity zone of $1000-1250. This zone has played an important role in supporting buyers since 2021.
In the near future, Ethereum buyers have an important task to fix the Ether price above the liquidity zone, that is, above $1250
So, in the event of a "positive" in the cryptocurrency market, we have the following assumption of the possible movement of the ETHUSD price:
Growth to $1540 - correction to $1200-1250 - growth to $1900
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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