Ethereum’s Wild Ride: From Glory to Grit!
🚨 Ethereum’s Wild Ride: From Glory to Grit! 🚨
📉 High: $4108 (Dec 16, 2024)
📉 Low: $1386 (Apr 9, 2025)
📈 Retracement: 50% from the fall
📍 Currently at key Oct ’24 support zone
🧠 Market teaches humility!
Ethereum touched euphoric highs in Dec ’24 at $4108, only to plunge a dramatic 66% to $1386 by April ’25. Since then, we saw a healthy 50% retracement — a classic technical response. Now, ETH has silently tiptoed back to its October 2024 support level. All eyes on whether this zone will hold… or fold. 👀
📊 Price is memory in motion — support tested, will it turn resistance or rally?
⏳ Stay patient. Stay technical.
#Ethereum #ETHUSD #CryptoAnalysis #SupportAndResistance #CryptoTrader #TechnicalAnalysis #MarketUpdate #PriceAction #ChartTalk #CryptoJourney #Blockchain #DigitalAssets #HODLOrFold #SaptharishiAlgo
📉 High: $4108 (Dec 16, 2024)
📉 Low: $1386 (Apr 9, 2025)
📈 Retracement: 50% from the fall
📍 Currently at key Oct ’24 support zone
🧠 Market teaches humility!
Ethereum touched euphoric highs in Dec ’24 at $4108, only to plunge a dramatic 66% to $1386 by April ’25. Since then, we saw a healthy 50% retracement — a classic technical response. Now, ETH has silently tiptoed back to its October 2024 support level. All eyes on whether this zone will hold… or fold. 👀
📊 Price is memory in motion — support tested, will it turn resistance or rally?
⏳ Stay patient. Stay technical.
#Ethereum #ETHUSD #CryptoAnalysis #SupportAndResistance #CryptoTrader #TechnicalAnalysis #MarketUpdate #PriceAction #ChartTalk #CryptoJourney #Blockchain #DigitalAssets #HODLOrFold #SaptharishiAlgo
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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.