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CoinGape

2021-01-27 14:30:17

Ethereum poised for breakdown to $1,100 before resuming upswing to $1,500

Ethereum poised for breakdown to $1,100 before resuming upswing to $1,500

Ethereum puts the 100 SMA on a difficult test ahead of a tentative breakdown to $1,100. A possible double-bottom pattern at $1,100 may place Ether on a trajectory to $1,500. Ethereum price seems to be struggling to reverse the ongoing downtrend following the recent rejection at $1,481 (an all-time high). Support at the 50 Simple The post Ethereum poised for breakdown to $1,100 before resuming upswing to $1,500 appeared first on Coingape.

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