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ETH UPDATE :-
Ethereum (ETH) was also lower during Saturday's session, as the coin fell below $1,600 once again.
After Friday's high of $1,643.18, ETH/USD declined by almost $100 to a low of $1,542.30.
As bearish sentiment returned to crypto this fall, Ethereum broke its own support at $1,550 to start the weekend.
The earlier downtrend has now subsided, as profit takers opted to give up their positions as opposed to keeping the trades open.
Although the prices have risen above the previous levels, there are some who fear that there will be further downside.
If the market volatility continues to trend downwards, the bears are looking at the lower $1,420 level as a potential target.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ETH UPDATE :-
Ethereum (ETH) was also lower during Saturday's session, as the coin fell below $1,600 once again.
After Friday's high of $1,643.18, ETH/USD declined by almost $100 to a low of $1,542.30.
As bearish sentiment returned to crypto this fall, Ethereum broke its own support at $1,550 to start the weekend.
The earlier downtrend has now subsided, as profit takers opted to give up their positions as opposed to keeping the trades open.
Although the prices have risen above the previous levels, there are some who fear that there will be further downside.
If the market volatility continues to trend downwards, the bears are looking at the lower $1,420 level as a potential target.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
