$ETH
Added 2024-04-10 13:14:20 +0000 UTCCrypto needs to show its teeth today and start breaking away from the movement of the market, to show that it is in fact the new standard for the store of value.
$BTC is back into its wedge which is not a good start but the day has only begun.
$ETH has also faltered slightly here by losing the wedge trend line but has held support on the 200 MA on the 1hr chart just slightly below at $3415.
Price needs to hold here too or it will move down with $BTC to the bottom of its wedge again....the impulse wave remains in place but will need another solid test of support before it can move higher.
Wave 4 remains on the 0.38 Fib at $3110
