Ethereum (ETH) Not Ready For COINBASE Rise: ETHUSD By GerradFletcher
The Ethereum price was able to establish the region of $ 3352 as a strong . Every drop here has been faced with aggressive buying pressure. Therefore, if it holds above the 9 day moving average, it could potentially start to fall back to its resistance between the resistance levels of $ 3,400 and $ 3,500. If buying pressure evaporates around $ 3,100, this could see Ethereum incurring strong bearish momentum sending it to supports at $ 3,000, $ 2,800 and $ 2,600.
In the meantime, it’s important to note that all of these losses the coin has suffered have fundamentally changed the structure of the cryptocurrency market. Traders should note that short term ETH / USD could be positioned to see a significant bearish effect. Buyers should be on the lookout for $ 3,800, $ 4,000 and $ 4,200 as a target to watch and a strong Ethereum maintain its medium-term outlook while the (14) moves below level 55.reaction at this level is vital for
Versus Bitcoin , we can see that Ethereum is clearly . Meanwhile, as the price drops, sellers pose an additional threat for buyers to reach the of 7315 SAT where the nearest target is. However, a possible breakout below the 21-day moving average may result in Ethereum Collapse.
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