Can the selling pressure continue in Ethereum (ETH), which is approaching the price band before Shapella, currently ETH chart analysis.
ETH, which caught a lot of excitement before the Shapella update, came to the same price range weeks later. ETH, which showed a voluminous rise from $ 1,777, divided crypto investors into two. ETH, which has shown a serious rise from this value in time, may see serious selling pressure if it breaks the support band downwards.
Ethereum (ETH) Chart Analysis
ETH, which found buyers at $ 1,777 before Shapella, approached the same price band again after weeks. The leader of altcoins, which is currently at $ 1,817, threw a wick to this price band yesterday. ETH, which bounces off this price range as buyers gain the upper hand again, could face a big selling wave if it breaks $1,777 to the downside. The $1,793 – $1,757 range in ETH is one of the levels to watch as support.
ETH, which is one of the important criteria for the rise of altcoins, can be watched to exceed $ 1,855 – 1,916 – 1,942 and $ 2,022, respectively, in order to continue to rise. Graphic analysis will be as important as the news cycle in the market.
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