Mastercard, QIWI and Cisco joined the EEA
After Mastercard, QIWI and Cisco have joined in the Enterprise Ethereum Alliance. This growth started a bit earlier. The Ethereum has been falling for quite a long time: having fallen above Dollars150. It has generated an impulse upwards. We see a substantial increase in demand at 150 dollars.This short-term trend development, the demand is only growing. We saw similar growth in demand on July 13 But after reaching dollars 220 It fell considerably and broke the entire upward structure. The trend could not continue to rise more upwards.
Further development : - The basic level responsible has been broken. The key point is at 200 dollars area with the largest volume of purchases concentrated there. But large of buyer has partially booked the profits so demand has fallen. The level of largest trading volume which can also be a major buyer’s position for the rate of fall. it will need to overcome this resistance. In this case, the price will be down.
Source ----- https://cointelegraph.com/news/ethereum-price
Thanks for sharing
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nice post
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