Ethereum Fell to lower Support right after the News with China banning all Cryptocurrency.
This has happened previously in 2013, 2017
Its not the first time China has done this.
This is what they do to manipulate the Price.
We can expect Consolidation within the area of the blue box before price Rise back up.
Elon Musk's tweet on bitcoin had hitted crypto market badly, Ether(Crypto currency of Ethereum) had been falling from past few days, and currently ether is at one of its strong support. But we know that Ethereum is much better than bitcoin because it is not only used for transactions but it is a complete platform for development of decentralised applications, and...
The analysis provided by me is just an analysis. And if these levels happen, then you can buy as well as sell according to the given levels and your condition. But remember for long term investment this is the best oppurtunity where you can wait and watch any invest your money in the dip.
If ethereum enters the range that i mentioned and if it moved below the line that due to formation of Head & Shoulder pattern it will give you an approximate dip of around 200 dollars. And you can either short sell or you can either buy at the dip.
We have another very good close for Ethereum (ETHUSD) on the weekly timeframe.
Last week closed above $3,600, this can lead to even higher prices.
Now, $3,900 might sound like a lot but only if you are comparing to earlier prices... Remember when Bitcoin was $3,000?
Bitcoin is now worth over $58,000 for one single coin... Ethereum can go through something...
Ethereum (ETHUSD) continues with its very strong bullish bias and price discovery action... How much higher can it go?
Everything continues to point higher.
More and more adoption news, events taking place.
More companies integrating cryptocurrencies into their platforms.
Something many believed was impossible just a few months ago.
We held through the entire...
ETHUSD has set a new high this year, beating its previous record x3 times. The previous maximum was in 2018 and was equal to $ 1115. For 4 months, ETHUSD has been showing stable growth, setting a new maximum every month. It looks like the trend will continue in the future. If ETHUSD grows at this rate, we will soon see a price of $ 10,000. We look, wait and...
Since start fo 2021 Bull Run, ETH has been confined to 2 uptrend channel. ETH has finally broken both the resistances and the upper resistance line is looking like new support in ETH's run to moon.
The trend is quite obvious with chart. Take a look.
Let me know what you think.
