Ethereum (ETH) To Hit The Bottom Of The Descending Channel After Crash Below 50 EMA

News

Ethereum (ETH) keeps trading within the descending channel that it entered in June. The price is now long overdue for a massive crash to the bottom of this channel. We know that the price is in no position to break this descending channel just yet and if it started to decline from here, it will have to test the bottom of this channel which is likely to drag the price down to a double digit price. If we take a look at the RSI, we can see that it has broken a strong uptrend and now signals further downside in…
Click Title Below To Read Details From Source:
Ethereum (ETH) To Hit The Bottom Of The Descending Channel After Crash Below 50 EMA

Leave a Reply

Your email address will not be published. Required fields are marked *