$EBULL Poised for a 90% Surge: Can It Break the 61.8 Fib Level?$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!
