Glassnode: ETH has shown bullish signals, but $2900 remains a key resistance.

According to Foresight News and Glassnode data, the ETH price broke through its realized price of 1900 USD in May, indicating that most holders are back in profit. Currently, ETH has surpassed the true market mean of 2400 USD, which is a bullish signal; however, to further strengthen market confidence, it still needs to effectively break through the active realized price of 2900 USD.

ETH0,87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)