$ETH Price Prediction 1/19/2024

ETH falls below piercing but manages a successful D1 close to keep us in hopes of recovery.

A close today above ~2500/H1 200EMA will likely be required for continuation marking the 'short-term' piercing point.

If rejected we could expect a drop to as low as 2300 before support picks back up.

tradingview.com/chart/gDBkksfy/
Chart PatternsTrend Analysis

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