Technical analysis by vagada about Symbol ETH: Buy recommendation (7/2/2025)

Interesting take on ETH daily using just the 50MA and Fib levels.Notice how the 50MA has interacted with the Fib levels since June 2021.In May 2025, the 50MA crossed below the 0.618 Fib level, marking the bottom of the December 2024 drop.The 0.5 Fib acted as support in October 2024 during the double top formation at the 0.236 Fib.Now, the 50MA has crossed back above the 0.5 Fib.As long as price holds above this 0.5 Fib level, the odds of further upside remain stronger.Always take profits and manage risk.Interaction is welcome.