Ethereum $ETH has reached the 78.6% Fibonacci retracement level, but the current rebound shows limited momentum. The first significant resistance lies around $2,093. If the price fails to surpass this barrier, another downward move could still be on the cards.
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.
Ethereum $ETH has reached the 78.6% Fibonacci retracement level, but the current rebound shows limited momentum. The first significant resistance lies around $2,093. If the price fails to surpass this barrier, another downward move could still be on the cards.