Is ETH/USD gearing up for the downside below $1200?
It is quite a bearish day for Ethereum price analysis today as its price has gone lower by 2.04 percent. It has now been two days since a negative sentiment has been brewing in the market. Apparently, a further dip is imminent, and Ethereum might test the recent support line at $1150.
As the crypto heat map shows, Bitcoin has reduced by 0.91 percent. Other altcoins are also following the same market sentiment. The bears currently have a stronger hold on the market. This might be a good time for investors to DCA their position in Ethereum for the long-term.
As the crypto heat map shows, Bitcoin has reduced by 0.91 percent. Other altcoins are also following the same market sentiment. The bears currently have a stronger hold on the market. This might be a good time for investors to DCA their position in Ethereum for the long-term.
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