- Analyst tweets about the key support and resistance levels determining ETH’s short-term future.
- ETH is currently bullish on the 24-hour chart and showing more signs of bullishness.
- The bulls are struggling to surpass the $1225 resistance level while the bears have started biting on the 4-hour chat.
Crypto analyst Michael van de Poppe tweetd about the crucial resistance and support levels that might determine ETH downtrend or upswing. He foresees if ETH fails to hold on to the $1090 support level, it might sharply fall.
Potential areas I'd be looking at with $ETH, as markets continue to break down. Would classify the levels as some final areas.– Resistance @ $1,225.– 15m support @ $1,170.– 1h support @ $1,140.– 1h support @ $1,090.After that, probably sharp fall if neither holds. pic.twitter.com/CntguIYNSH— Michaël van de Poppe (@CryptoMichNL) December 22, 202 ...
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