Analyst: Ethereum 4-hour chart shows a buy signal, key support is at $2,480
On November 1, cryptocurrency analyst Ali pointed out that the TD Sequential indicator on the Ethereum 4-hour chart has shown a buy signal, suggesting a possible rebound. Analysts emphasized that to maintain this bullish pattern, the ETH price needs to hold the support level of $2,480.
Note: TD Sequential is a technical analysis tool that predicts turning points in market trends by calculating the continuity of price changes, and is used to identify potential buying and selling opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: 86,800 SOL transferred to a certain exchange, worth approximately $11.95 million
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
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