ETH: The BEARS are losing strenght!
Following yesterday's chart (https://steemit.com/ethereum/@erodriguezc11/update-eth-price-stumbling-another-sell-off-coming)
We can see hoy the price remain between the channel we draw.
The bears are losing momentum, failing to get lower minimums but the bulls still have to win the fight and wet new maximums!
It might get to 300's again where i think it gonna be a big fight again but we're still inside a downtrend for who knows how long.
The 260 level held up reason why i'm not buying anymore for the moment! The bulls are trying to come but it's not going to be easy, this selloff wiped out billions again and the market now its worth around 94B.
Source: CoinMarketCap.com
Let's see what's going to happen in the next few hours!
we will be heading into the bull market soon! good post
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by erc11 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
This post has received a 2.25 % upvote from @booster thanks to: @erodriguezc11.