Ethereum Price Scenarios | ETHUSD

in #ethereum7 years ago (edited)

As of now Ethereum has managed to break all supports on the shorter timeframes and we do find ourselves on a retracement on a larger timeframe, that of the weekly, monthly and yearly timeframes. It may takes us awhile before some explosive momentum is seen again in the Ether market.

Whilst I'm sure we'd all love to see the bullish (green) scenario play out, it seems that the long-term consolidation scenario is the most likely at this stage. Which hints us that we could see the trend continuation into next year.
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