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Ethereum Bulls Could Reject Analyst’s Projected Consolidation to $3,300
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Ethereum Bulls Could Reject Analyst’s Projected Consolidation to $3,300
A crypto analyst thinks Ethereum is holding up nicely despite the recent pullback. Ethereum has rebounded from a recent drop to $3,507, showing buyer interest. Dropping to $3,300 will build upside liquidity for Ethereum and set up a bullish reversal. Ethereum faced resistance at $3,860 last Monday before sliding to $3,507 later in the week. Despite a partial recovery to $3,694, analyst Michael van de Poppe stated that the pullback may not be ove…
The price of ether (ETH) has moved away from $4,000, but there are no signs of a worsening decline so far. Read more
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