Ethereum's dynamic support!

ETHEREUM

ALTCOINS ANALYSIS

10/24/20221 min read

Ethereum posted a 5% gain on the chart yesterday, holding tight support at $1,300. The price of this currency crossed the $1,320 range yesterday with a high trading volume, and the $1,340 resistance was also broken. Now the support range we can consider for Ethereum is $1340 to $1330. If signs of support are observed and reversal patterns are formed, there is a possibility that the price will continue to grow to the targets of $1400 and $1450 for Ethereum. We can also consider an upward trend line for Ethereum. As long as this dynamic support is maintained, Ethereum's short-term trend will be bullish.

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