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.
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I believe so, but we will need a much larger volume to leave behind the low pivots.
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Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?
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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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You got a 2.06% upvote from @upmewhale courtesy of @stilltnc! Earn 90% daily earning payout by delegating SP to @upmewhale.
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