Ethereum Technical Price Analysis OCT 22. Should it pull beck or not?

in ethereum •  7 years ago 

The downward thrust is continuing and right now the price is at 297 level. But there's a major support at 287 level.

Ethereum Price Chart OCT22.png

If the price fails to break below that area then we might expect a pullback from 287 level and the potential reach zone is 330-340 level.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Calling @originalworks :)
img credz: pixabay.com
Nice, you got a 6.0% @minnowbooster upgoat, thanks to @rasif
Want a boost? Minnowbooster's got your back!

The @OriginalWorks bot has determined this post by @rasif to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
For more information, Click Here!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

This post has received a 3.61 % upvote from @booster thanks to: @rasif.

ETH might profit the BTC dump after the fork =)

ETH's protocol upgradation had some issue, that's why the price was falling. And also the new fork's difficulty adjustment system emitting more ETH than before, that could be another reason for this downward movement.

Fair enough yes =). Will see thank you my friend

Thanks @jlcrypto. Follow and upvote if you like my post. :) Cheers

oh!ETH price again go down

But not too low :D It's just a matter of time when the price will be above 320 again from my perspective. :)

ok best of luck

oh!ETH price again go down

Congrats you see them. :) nice post.. you living your life to the fullest. i want to see more of your post. done following

Thanks for following @angela45.

This post has received a 2.74 % upvote from @buildawhale thanks to: @rasif. Send at least 0.50 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness

Find unique ideas of make money online
http://www.moneymakingway.com/