Technical analysis by CryptoStation about Symbol ETH: Buy recommendation (7/26/2022)

After touching the MA20 line, a pretty good buying force suddenly appeared and this is a sign that ETH can still continue to increase in the near future.ETH accumulation zone is the $1300-1400 zone and we can expect it to surge to the $2200-2300 zone by the end of August.If the selling force suddenly appears and causes ETH to lose the $1300 zone, we will wait to buy ETH back in the $1000-1100 zone, this is really a very strong support and we can buy for the long term.