Well, I say, old bean, the market’s looking as cheerful as a wet weekend in November, what? According to the chaps at CoinMarketCap, it’s mainly red-a regular bloodbath, if you ask me. 🩸💸
ETH/USD: The Tale of a Wobbly Ether
Old Ethereum (ETH), bless its digital heart, has taken a bit of a tumble, declining by a measly 0.1% over the last 24 hours. Not exactly a crash, but enough to make one clutch at one’s monocle. 😱📉
On the hourly chart, the price is behaving like a chap who’s had one too many at the club-stumbling downward after a false breakout of the local resistance at $3,124. If the sellers keep up their jolly good pressure, we might see a test of the support by tomorrow. 🥊💰
In the longer term, the main altcoin hasn’t exactly bounced back with the vigor of a spring lamb. It’s hovering near the support of $2,959, like a fellow loitering outside the Drones Club, unsure whether to go in or head home. If the daily bar closes near that mark or below, we’re in for a jolly decline to the $2,800-$2,900 zone. 🌧️📉
Such a scenario, I’m afraid, is as likely as Aunt Agatha showing up unannounced for tea. Relevant until the end of the week, mind you. 🗓️☕
From the midterm perspective, traders ought to keep an eye on the nearest level of $3,004. If a breakout occurs-and it’s a big if, mind-the accumulated energy might just be enough for a move to the $2,800 range. Rather like a fellow finally mustering the courage to ask a gel to dance, only to trip over his own feet. 💃🤦♂️
At press time, Ethereum is trading at $3,059. Not exactly a fortune, but enough to keep the lights on at the Drones Club, eh? 💡💸
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2025-11-19 19:28