Ethereum - LIkely to touch $155 shortly
Two days ago, Ethereum followed the bullish run of Bitcoin. The maximum at Bitfinex was fixed at around $199. Today, bears have already rolled back the rate to the value of around 180.Even though ETH was also dominated by bulls, Ethereum did not show such a huge rise as the leading cryptocurrency - the growth made up around 20%. On the 1D chart, Ethereum is trying to break the bearish line formed at the end of June 2019.
However, it is unlikely to happen soon as the market keeps located in the bearish trend. Moreover, recent growth was not accompanied by a huge spike in trading volume. Summing up, if bulls do not manage to break the bearish trend line, the support level at $155 will be reached until mid-November 2019.
However, it is unlikely to happen soon as the market keeps located in the bearish trend. Moreover, recent growth was not accompanied by a huge spike in trading volume. Summing up, if bulls do not manage to break the bearish trend line, the support level at $155 will be reached until mid-November 2019.
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