NaikoN81

ETHUSD what's next?

BITSTAMP:ETHUSD   Ethereum
As we can see, ETHUSD has been falling since May 12. On May 12, the price reached a high of $ 4350. Now the price has dropped by almost 50%. The price bounced off the $ 2,160 support level and went up, but failed to break the $ 3,000 resistance level. On May 19 and May 21, the price tried to break through the support level and there were false breakouts, but the price rose again. If the price breaks the support level, then ETHUSD may fall by 55% or 60%, and maybe more. But if the price breaks the resistance level of $ 3000 and gains a foothold there, growth is possible.

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