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AE coin has dropped significantly in relation to its highs. After having been listed on Binance, AE was launched by the market churn to its highs first and then to the record low levels in its history. As a result, its drop from the highs amounted x24 in relation to USD, and x7 in relation to BTC. The fall is partly attributed to...
Technical analysis:
. AETERNITY/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...