The chart: Ethereum broke the down trendline in the support area I posted about earlier and as long as it stays above 1050 the trend is still to the upside.
The Narrative: The crypto space is continue to grow in demand even potentially from bigger financial institutions. There will always be enormous volatility but as long as the demand out paces the supply and there is a small float, the secular momentum should continue.
The Narrative: The crypto space is continue to grow in demand even potentially from bigger financial institutions. There will always be enormous volatility but as long as the demand out paces the supply and there is a small float, the secular momentum should continue.
Stay Curious
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Stay Curious
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.