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Ethereum Price Holds Support, Might Aim Fresh Increase Above $2,465

Mary-Kate Olsen
Release: 2024-10-09 16:30:15
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Ethereum price failed to extend gains above the $2,500 resistance zone. ETH started a downside correction and traded below the $2,465 support zone.

Ethereum Price Holds Support, Might Aim Fresh Increase Above ,465

Ethereum price failed to extend gains above the $2,500 resistance zone. ETH began a downside correction like Bitcoin and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are now protecting more downsides below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level of the upward wave from the $2,310 swing low to the $2,519 high. It seems like the bulls are protecting more downsides now below the $2,400 support level.

After a strong rally from the $2,310 swing low, Ethereum price failed to clear the $2,500 resistance. ETH began a downside correction and traded below the $2,465 support zone. There was also a move below the $2,420 level. The price tested the 50% Fib retracement level

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