Oh boy, Ethereum‘s been like a cat trying to climb a fridge for over a year now – just can’t reach that top shelf! It’s been a wild ride watching the second-biggest crypto in town fail to jump over the big hurdles since the year began. 🐱🧴
In the past couple of weeks, our buddy Ethereum’s been looking more like a deflated balloon than a crypto titan. Tony “The Bull” Severino, who’s got the charts down like a musical score, says the coin’s been playing a sad tune, failing to hit the high notes above a certain resistance level. And guess what? It’s like a piano about to fall off a cliff! 🎹🌄
Ethereum’s Resistance Dance: Two Steps Forward, One Thousand Steps Back
Tony “The Bull” Severino, in a tweet that probably got more likes than a cat video, pointed out Ethereum’s epic dance with resistance. It’s been trying to tag the quarterly Parabolic SAR, but it’s like trying to catch a fly with chopsticks – ain’t happening! 🍣🐜
“Resistance is futile,” said the analyst, but clearly, he hasn’t told Ethereum that yet!
Image From X: Tony “The Bull” Severino
And if that wasn’t enough, Tony Severino also spotted Ethereum getting a big fat “NO” from the quarterly SuperTrend dynamic resistance. It’s like Ethereum’s asking for a raise and the boss is just laughing! 🤣💰
Image From X: Tony “The Bull” Severino
$2,100: The Line in the Sand for Ethereum’s Survival
It’s been a rocky road for Ethereum, like a kid on a bike with training wheels that just won’t come off. It’s been teetering on the edge of a big, bad drop, and it’s not looking pretty. 🚲🤕
Right now, Ethereum’s hanging by a thread, trading below $2,200 and staring down the barrel of the $2,100 gun. If it drops below that, it’s like the crypto equivalent of a pie in the face – unexpected and messy! 🥧😵
The Bollinger Bands indicator, which has been Ethereum’s babysitter since last year, is flashing some serious warning signs. It’s like the crypto’s been playing in the sandbox, and if it falls below $2,100, it’s gonna be like stepping on a lego – ouch! 🎈👣
Image From X: Tony “The Bull” Severino
As the crypto world holds its breath, Ethereum’s currently trading at $2,178, having mustered a tiny bit of courage (or was it luck?) to climb a little in the past 24 hours. The next few weeks are gonna be like the final scene in a thriller – will Ethereum pull off a miracle or face a cliffhanger? Stay tuned! 🍿🎬
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2025-03-09 18:07