📝Ethereum dropped to minimum values on the RSI indicator. Below is only when the bottom of the cycle.
📝Also, the price is testing the baseline of the Keltner channel, which is also strong support.
📝Of course, one cannot fail to mention that in the cycle where ether was accepted as a commodity on the market in the form of an ETF, it has not yet broken the fiat ATH, I think about the inflation of the dollar over the years and there is no need to remind.
🤔Trick question, are all these factors bullish or bearish for Ethereum?
📝Also, the price is testing the baseline of the Keltner channel, which is also strong support.
📝Of course, one cannot fail to mention that in the cycle where ether was accepted as a commodity on the market in the form of an ETF, it has not yet broken the fiat ATH, I think about the inflation of the dollar over the years and there is no need to remind.
🤔Trick question, are all these factors bullish or bearish for Ethereum?
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Four months ago, when Ethereum was falling below $2,000, I said that it was an attractive price.Even when it rose above $3,000, I still think it is undervalued and is certainly lagging the market. We will see more movement in Ethereum this year.
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💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.