Ethereum Analysis January 24, 2024
technical analysis

Ethereum Analysis January 24, 2024

THELOGICALINDIAN - ETHUSD

Ethereum markets drifted lower during the day afresh on Tuesday, extensive appear the $900 level. There is an uptrend band beneath that could action support, but at this bazaar breach bottomward beneath the $800 level, attending out below. At that point, I would apprehend to see this bazaar ability appear the $600 level. Alternately, if we can breach aloft the $1000 akin with able volume, we could see a accretion in price.

 

ETH/BTC

Ethereum markets went alongside during the trading affair adjoin Bitcoin afresh on Tuesday, as both crypto currencies are struggling. We are currently accumulation amid 0.08 on the bottom, and 0.10 on the top. Because of this, I am blockage out of this bazaar and cat-and-mouse for some blazon of abrupt move to get involved.

Thanks for watching, I’ll be aback tomorrow.