ETH price will definitely be influenced by the overall crypto market. But, will it finally breakaway from it's correlation with the Bitcoin price? Looks like the bears are at an upper hand, as of now, in the bitcoin market. Will it take down the ETH too?
In the daily, we could see a bullish trend (blue). But, there's a very interesting channel in 4H (red) which intersects with the Yellow (0.03) and Orange (0.027) support lines which are strong so far. There's a possibility for a potential breakout. Bearish? OR Bullish?
In the daily, we could see a bullish trend (blue). But, there's a very interesting channel in 4H (red) which intersects with the Yellow (0.03) and Orange (0.027) support lines which are strong so far. There's a possibility for a potential breakout. Bearish? OR Bullish?