ETHEREUM UPDATE.

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Welcome folks to this ETH update.

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ETH has not shown any drastic change in the price. For the last two days, ETH is trending between $2554 to $2653 which could possibly be an accumulation zone. It is also important to see that ETH is trending below the 21 MA which makes it a little uneasy to take a long entry. Now, to enter long on ETH, it is important for ETH to break through the 21 MA and the support level drawn in the chart. I am already holding ETH on spot and I will enter leverage trade on ETH if it breaks out or if it dips back to our previous entry-level ($2380 to $2470).

In this kind of scenario, the market either takes a quick jump or a quick drop. So, be extra cautious with your trades.

I hope this idea was valuable to you. Do like, follow and share this update with as many traders as possible.

Thank you.