๐ฅ The Last Hurdle Before The Bull-Market: Ethereum
Like most alts, ETH has been seeing very decent gains over the last few weeks. However, ETH has not yet broken out of the bear market range, which is well defined below the purple resistance area.
This resistance area ranges from $2000-$2150. If ETH does not manage to break through this resistance, we can't call the bear market over. On the contrary, if this resistance manages to hold there's a potential for the entire crypto market to fall.
Since the market has shown exceptional strength lately, there's a potential that ETH will break through this resistance. If it does, there's little holding back crypto from starting a new long-term bullish trend.
Keep your eyes focused on this range, since it might prove to be an important one in the near future.
This resistance area ranges from $2000-$2150. If ETH does not manage to break through this resistance, we can't call the bear market over. On the contrary, if this resistance manages to hold there's a potential for the entire crypto market to fall.
Since the market has shown exceptional strength lately, there's a potential that ETH will break through this resistance. If it does, there's little holding back crypto from starting a new long-term bullish trend.
Keep your eyes focused on this range, since it might prove to be an important one in the near future.
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