Many unrest in the East sparked a sharp decrease in the price on ETH USD and the Crypto Global Market during the weekend. Try to recover on the way, although the main levels need to be broken before the bulls can encourage. Of course, everything we really want is global peace. Follow along and we analyze the charts below.
$ ETH The pioneer wears all the liquidity that has been built during the past two weeks.
Really good reaction yet. From here you want to stick to 2.3 thousand dollars as support to move forward. If he can do that, we can assume that this is the restoration of Deviaton and Range that must … https://t.co/o6uixdcqwg pic.twitter.com/h2hmvl9nr0
– Daan Crypto Trades (Daancrypto) June 24, 2025
Dan analysis is very close to my country. I usually choose publications that show something different, although his thesis does not have much artistic interpretation. We will go to reasons, when we analyze the charts below.
Discover: 9+ best high -risk encryption, highly bonus for purchase in 2025
Eth USD Price Price: Technical Analysis on the latest movements
(ethusd)
Check the article last week here. I deliberately kept all the drawings on the plans and added nothing. This is a good exercise as you learn to do technical analysis. The husband succeeded in filling both the FVG regions and the week began with great strength. Will the bulls be able to keep the momentum?
Discover: 20+ Cracking the next explosion in 2025
How is ETH USD formed on the daily chart?
(ethusd)
In the daily time frame, ETH USD movements look somewhat good. RSI below and needs to restore the upper half ascending. MA100 was beautifully re -testing and yesterday with a multiple rising candle.
Now it is heading towards the ma5 and MA200 and still needs to restore the MA200 before we can see more moves on the alts. In general, the structure here is still optimistic, as this decline was the highest level.
Discover: The best new encrypted currencies for investment in 2025
(ethusd)
4H graph gives us another interesting perspective. RSI fell to Over -Proving and quickly regained in the upper half. We are still less than everything here and we surely want to go up.
The reaction from the FVG gap appears to be a V -shaped recovery, which is a strong upper indicator. We are still not outside the water. Now it is too late to enter a situation. I prefer to wait for that and see what the market is doing after that.
Join Discord 99bitcoins News here to get the latest market update
Eth USD Recovery on the road: What is the merchants watch?
-
The market structure is still optimistic about 1D
-
RSI in 4H moved from thorny to upward levels quickly
-
FVG areas are filled
-
It still needs to be broken and closed by 1D for the ALT season.
Beyond Eth Recovery USD on the way: What is watching merchants? First appeared on 99bitcoins.