The range I expect ETH to play out over the next week
I have been expecting a drop for ETH since we struggled to break out of the 2'500 range. My main reasons being holders impatience to hold their crypto during a bear market, and long term consolidations. Along with mapping key levels of support along the way. I don't usually like too project ideas whilst were mid swing but here we go.
If we see price continue towards the upside, I see it settling somewhere around the 2340-2375 price range before any other significant moves down. And I'm expecting price from this area to yet again head towards the sub 2150 range as I'm far from believing the bear market is over just yet. This isn't an overly mapped out, chart filled with indicators and candle stick pattern analysis breakdown. More of an intuition based idea using general price ranges and my understanding of how holders tend to act during these market situations. A brief idea but one I will stick too before any potential trades are placed on my end or the markets show me something else that may sway my current perspective.
If we see price continue towards the upside, I see it settling somewhere around the 2340-2375 price range before any other significant moves down. And I'm expecting price from this area to yet again head towards the sub 2150 range as I'm far from believing the bear market is over just yet. This isn't an overly mapped out, chart filled with indicators and candle stick pattern analysis breakdown. More of an intuition based idea using general price ranges and my understanding of how holders tend to act during these market situations. A brief idea but one I will stick too before any potential trades are placed on my end or the markets show me something else that may sway my current perspective.
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