15 hours ago
2
Key Takeaways
- Triangle breakdown confirmed, $1,350 support level in play if structure not reclaimed.
- Van de Poppe: daily RSI below 30 and ETH/BTC at 0.02748 signal accumulation zone.
- SMA100 at $2,151.10, only $19 above current price, declining toward convergence.
What Each Analyst Is Actually Reading
CryptoQuant’s analyt identifies a downside breakout from a triangle formation on the CryptoQuant daily chart, noting that the short-term 5-period MA at $2,135.95 has fallen below the long-term 137-period MA at $2,336.81 and both are sloping downward. After recent Binance liquidation spikes, price failed to hold gains and returned to session lows each time, which is the behavior PelinayPA reads as the breakdown pattern holding. If Ethereum fails to reclaim the broken triangle, the analyst suggests selling pressure coul...
English (US)