CheddarBizcuitz

$ETH Price Prediction 08/12/2021

BITSTAMP:ETHUSD   Ethereum
Looks like we broke trendline; W1 MACD reverted back to a sell signal and the momentum hasn't ended yet. Let's hope this is just a market correction and not a reversal sign. I could see us dropping as low as 2800 if we blow past 200EMA support.

In contrary, a good push here could develop into a double-bottom if all goes well.
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