Ethereum's been dancing around a critical level lately. VWAP support that's been holding since early April? Yeah, it's getting tested right now.



Price is grinding at this zone, potentially carving out a bottom formation. What's interesting: we've been printing higher lows consistently since early November. That's not nothing.

Eyes on two levels if this support holds - first stop around 4400, then potentially pushing toward 4955. The volume profile at current prices tells a story worth watching.

This VWAP line has been solid for months now. Whether it breaks or bounces here could set the tone for ETH's next major move.
ETH0.39%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GhostInTheChainvip
· 11-11 18:44
Still not rising after the banquet? What fan circle?
View OriginalReply0
TerraNeverForgetvip
· 11-10 17:23
4400 is not a dream, brothers.
View OriginalReply0
DegenDreamervip
· 11-09 08:20
I've been around for a long time, I've seen it all.
View OriginalReply0
DAOdreamervip
· 11-09 08:18
Cut Loss sell this trap ETH and bounce up
View OriginalReply0
PumpDoctrinevip
· 11-09 08:04
Every pullback is definitely a Margin Replenishment opportunity.
View OriginalReply0
RektRecordervip
· 11-09 08:04
Once it breaks 4400, it's up to you, old buddy.
View OriginalReply0
StableGeniusvip
· 11-09 07:54
*yawns* mathematical inevitability strikes again... as predicted
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)