Ethereum (ETH) - Nr 2 - Without Force...
ETH is testing the downtrend line for the fourth time. The triangle formed is coming to an end and a definition needs to happen.
Ethereum being below $ 790, I consider as most likely one more going to support around $ 650 to gain strength for a recovery move.
A small rebound on price or at least a small accumulation should be expected in the next few hours, given the very low relative strength index, demonstrating an oversold condition in the very short term.
I'll keep you updated.
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Do you think Ethereum will ever get above $1000 again? It just seems like it's languishing.
I believe so, but we will need a much larger volume to leave behind the low pivots.
Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?
Bitcoin returned to gain a greater market dominance in recent weeks. Therefore, I believe that if prices rise again, Bitcoin should rise first and then the others will follow. BTC tends to be a parameter in this moment.
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