Ethereum has had an extremely range trend!

ETHEREUM

ALTCOINS ANALYSIS

10/1/20220 min read

Ethereum has had an extremely range trend over the past 48 hours. ETH's support in the $1,320-$1,310 range was met with a positive reaction, and the bearish trendline support is yet to be broken. But note that due to the bearish short-term trend of Ethereum, it is possible to retest the support levels. Its first support is in the range of $1230, and the next support is in the range of $1145. If a further decline is observed in the market, there is a possibility that it will return to the support of $1000-$970.