Ethereum has slowly increased in value, forming a bullish channel. I'm expecting Ethereum to bounce back after touching MA50 as it constantly did in the past.
So far, Ethereum has been following Bitcoin Monthly Dips without any signals of breaking the formed pattern.
Even though ETH has outperformed Bitcoin in the past few months, I don't expect any serious price increase short term.
Please let me know your thoughts in the comments.
Thank you!
So far, Ethereum has been following Bitcoin Monthly Dips without any signals of breaking the formed pattern.
Even though ETH has outperformed Bitcoin in the past few months, I don't expect any serious price increase short term.
Please let me know your thoughts in the comments.
Thank you!
