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RE: Technical Analysis on Ethereum: IS ETHEREUM NEARING BOTTOM?
I never thought I would see these levels again! It may make sense to buy some soon for the long term as I can’t fathom a blockchain driven world without some sort of Ethereum Network.
I'd wait and stack buys between $195-$179. That seems like a solid demand zone and a very logical bottom. Just remember to keep your stop tight. If Bitcoin breaks down below $5,800, ETH will be eyeing the low $100's.