Market Analysis of ETHUSDT on Wednesday 30 OCTOBER 2024

2024-10-30 17:54Source:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETHUSDT running in positive trend and its immediate strong support on 15 minute chart are 2472 to 2574 level .  Stop loss is 2460 level and it can rise towards 2816 level minimum because of irregular correction pattern made on 30 minute chart .Intraday purpose buying is better for targets 2695 , 2710 and 2725 levels respectively with stop loss 2460 level.


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The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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