Interesting observation here....
After the last spike we had a pennant consolidation with a bear break and then a nice long uptrend. Pattern seems to be shaping up similarly so far.... Can we get an uptrend?
What do you all think???
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Possible eth will profit of Bitcoins core's problem ;) Segwit 2x is a serious problem, and so is Craig S Wright. Or the market start growing fast and thats good for eth to ;)
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It could as it has that previous support level. Thing about etherium is that it had an almost unnatural growth in comparison to standard growth charts so its realy hard to predict where it will go. It still rises and falls in acordance with the Bitcoin price more or less. Only time will tell.
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It most certainly can. Of course, it might not too. :)
It seems the bulls and bears are in a tug o war at the moment. This could continue for another couple days. The longer the bears hold on, the more the ball is in their court since the trend is still down.
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