ETH price in slow decline
Hi guys, let's review the current situation on Ethereum.
Recantly Ethereum price managed to break 1915-1935 resisnace but it was fake breakout and now it testing 1837-1813 support area again.
It doesn't look good for ETH since it failed to stay above 1935 and almost immediately dropped back under 1900. From the current point of view ETH is more likely to test 1800 than 1900. It might be some correction to 1885 but from there it's likely that price goes down to 1800 and even lower.
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Many thanks.
Recantly Ethereum price managed to break 1915-1935 resisnace but it was fake breakout and now it testing 1837-1813 support area again.
It doesn't look good for ETH since it failed to stay above 1935 and almost immediately dropped back under 1900. From the current point of view ETH is more likely to test 1800 than 1900. It might be some correction to 1885 but from there it's likely that price goes down to 1800 and even lower.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Note
Ethereum continue to be in a narrow price range between support and resistance area probably waiting for Bitcoin to choose direction.I still think that ETH price won't manage to break 1915-1935 resistance area but likely will test it.
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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.
✅ FYBIT exchange. I recommend. No KYC, available in all countries. fybit.com/Account/Register/OMNP5
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.