Bitcoin facing resistance while Ethereum Might Hit 900 Soon! Here's Why.

in #ethereum6 years ago

On my previous blog post on Ethereum I said that it's heading towards 700 level. Right now it's sitting at $640 level.

ethereum analysis.png

There's a potential resistance level at $700 zone. But if the upside thrust is enough to break above that level, then It might potentially reach to $900.

What do you think guys? Will it have enough thrust to break above $700? Let me know in the comments.

Now, let's take a look at the chart of Bitcoin

Bitcoin Analysis.png

It has got a huge upward thrust and now it's currently sitting at a resistant level at $9000 level. If it gets to break above the zone then it might potentially hit $11500.

Let me know what do you think about bitcoin in the comment. And upvote and follow if this post helps you. Cheers :)

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As Always! On the point! Your previous post made my day.. :D Cheers Buddy :)

I think Ethereum might break the resistant level and go above $700 but as for Bitcoin, I examined the chart and just read a few charts and almost all seem to show that it doesn't have the strength to break the resistant level. Btc dominance has dropped and it looks like it will continue to drop.

Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

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i hoping bitcoin fail the resistance. longer bear means even , longer bull. my concern is after hitting 12k mark price go down overnight. funding still scatter around and we need more time to consolidate even more to gain more during bull..

How do we make sure that we have a recital to avoid loss

Keep your risk small - let winners run as long as possible. That is the key.

Too bad, I already sold my Ethereum. I'll just close my eyes and walk by

Excellent post. Good to see more and more bulls getting back into the crypto space! Big things to come!

Marketing bro? Don't just spam in this community bro. It's bad! Do some quality post and make this community helpful. :)

Just like upvoting your multiple comments without upvoting the post or other comments?

Good shot! This price gonna be happen as soon as!

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