The Long Investor
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$ETH
🕑 Added 2025-03-24 11:09:32 +0000 UTC$ETH is now back into the wedge again above $2000 and testing the large 0.618 Fib at $2107, which was a support level in June and December, before losing this support level in Feb
So a flip of this level back to support next will be a strong statement.
The 200 Day MA is all the way up at $2800 and the 200 Weekly MA is at $2460 now.
So these two levels will be targets for $ETH if the price action can hold above $2100 next.
RSI on the daily chart is also looking bullish as there is a clear reversal out of the oversold territory and moving higher quickly.
I remain bullish on $ETH and believe this is significantly undervalued right now under its 200 WMA.
