Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
Prominent Trader: ETH Successfully Breaks Through Bear Market Key Resistance Zone, Reclaims "Golden Ratio" for the First Time
  • ETH0%

BlockBeats News, August 20th - Renowned trader Doctor Profit stated in a post that Ethereum has thoroughly broken through the key resistance area of the bear market and has re-entered the "golden zone (weekly EMA50)" for the first time since the beginning of this bear market.

Doctor Profit believes that this breakthrough is an important technical signal for ETH and has advised to "fasten your seat belts," while mentioning that shorts will face pressure.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change