Is the Growth Potential Relevant in the Second Part of June?
Ethereum (ETH) has retested the 61.8% level of the Fibonnaci retracement that corresponds to the $213 mark. To hold the ongoing bullish trend, buyers need to face a correction to gain more 'fuel' for the continued growth. In this case, one may expect another decline to the 50% level ($190). It might happen by the end of July 2020.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.