$EBULL Poised for a 90% Surge: Can It Break the 61.8 Fib Level?
$EBULL, an Ethereum-based memecoin, aims for a significant 90% breakout. Built to celebrate Ethereum's resilience, ETHEREUM IS GOOD ($EBULL) is currently flashing bullish signals despite recent market conditions. With a crucial resistance level ahead, traders are closely watching for a reversal.
Technical Analysis
$EBULL is facing strong resistance at the 61.8% Fibonacci retracement level. A confirmed breakout could trigger an explosive rally. The Relative Strength Index (RSI) sits at 37.50, indicating oversold conditions and a high probability of a price reversal.
Should $EBULL breaches the 61.8% Fib level, a surge toward a 90% gain could be in play.
With these technical indicators aligning, $EBULL is on the verge of a major breakout, making it a coin to watch in the coming days.
Why $EBULL Matters
$EBULL is more than just a memecoin—it’s a tribute to Ethereum’s dominance in the blockchain space. The project aims to reignite Ethereum’s glory in the memecoin sector by emphasizing the network's unmatched utility and legacy.
Market Performance: $EBULL’s Current Standing
- Current Price: $0.000161 USD
- 24-Hour Trading Volume: $33,643.14 USD
- Market Cap: $1,608,178 USD
- Circulating Supply: 10,000,000,000 EBULL
Final Thoughts
$EBULL is primed for a major move. If bulls push past the 61.8% retracement level, a 90% surge becomes a feasible target. However, a failure to break resistance could lead to further consolidation.
As $EBULL gains traction in the memecoin sector, traders and investors should keep an eye on key technical levels. Will this be the next big Ethereum-powered memecoin breakout? Time will tell!
Technical Analysis
$EBULL is facing strong resistance at the 61.8% Fibonacci retracement level. A confirmed breakout could trigger an explosive rally. The Relative Strength Index (RSI) sits at 37.50, indicating oversold conditions and a high probability of a price reversal.
Should $EBULL breaches the 61.8% Fib level, a surge toward a 90% gain could be in play.
With these technical indicators aligning, $EBULL is on the verge of a major breakout, making it a coin to watch in the coming days.
Why $EBULL Matters
$EBULL is more than just a memecoin—it’s a tribute to Ethereum’s dominance in the blockchain space. The project aims to reignite Ethereum’s glory in the memecoin sector by emphasizing the network's unmatched utility and legacy.
Market Performance: $EBULL’s Current Standing
- Current Price: $0.000161 USD
- 24-Hour Trading Volume: $33,643.14 USD
- Market Cap: $1,608,178 USD
- Circulating Supply: 10,000,000,000 EBULL
Final Thoughts
$EBULL is primed for a major move. If bulls push past the 61.8% retracement level, a 90% surge becomes a feasible target. However, a failure to break resistance could lead to further consolidation.
As $EBULL gains traction in the memecoin sector, traders and investors should keep an eye on key technical levels. Will this be the next big Ethereum-powered memecoin breakout? Time will tell!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.