$ETH Price Prediction 5/31/2024
Sorry about the no-posts for the last couple days I was moving and it's just been a lot.
Fortunately not much movement has occurred with price holding above 3685 and 50EMA.
The upcoming weekly close marker has been indicated so look to maintain support until then.
If successful we could see further recovery next week but don't be too quick to assume.
If the week starts in the red it's possible we see a similar result to October 2022.
The estimated drop for this would be around 2750 or W1 50EMA.
tradingview.com/chart/gDBkksfy/
Fortunately not much movement has occurred with price holding above 3685 and 50EMA.
The upcoming weekly close marker has been indicated so look to maintain support until then.
If successful we could see further recovery next week but don't be too quick to assume.
If the week starts in the red it's possible we see a similar result to October 2022.
The estimated drop for this would be around 2750 or W1 50EMA.
tradingview.com/chart/gDBkksfy/
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