Ethereum. Will we see stronger Bulls in May?
https://app.icex.ch/en/feed/technical-analysis/4946-ethereum-will-we-see-stronger-bulls-in-may
In the previous review, we wrote that the bears completed their game over $ 350, giving bulls a chance.
And the bulls of April totally used it.
Between the minimum at $ 360 and the maximum at $ 712, the already-accustomed 100% growth (or a 50% decrease from the maximum).
Now, as you understand, in order to grow further, ETH needs bigger and more powerful bulls. Since the price is much higher, buying former volumes is more difficult and there are more people willing to sell at this mark.
Mays greens are considered the most succulent and the most colourful, in the financial markets as well, so there is hope of bulls strengthening
On the other hand, bears gain strength in the summer. So, if we will see further growth in May, then theres probably it will be played back in the summer.
And in the autumn there will be a new clash of forces between the well-known totemic animals of the market's driving forces.
https://app.icex.ch/en/feed/technical-analysis/4946-ethereum-will-we-see-stronger-bulls-in-may
In the previous review, we wrote that the bears completed their game over $ 350, giving bulls a chance.
And the bulls of April totally used it.
Between the minimum at $ 360 and the maximum at $ 712, the already-accustomed 100% growth (or a 50% decrease from the maximum).
Now, as you understand, in order to grow further, ETH needs bigger and more powerful bulls. Since the price is much higher, buying former volumes is more difficult and there are more people willing to sell at this mark.
Mays greens are considered the most succulent and the most colourful, in the financial markets as well, so there is hope of bulls strengthening
On the other hand, bears gain strength in the summer. So, if we will see further growth in May, then theres probably it will be played back in the summer.
And in the autumn there will be a new clash of forces between the well-known totemic animals of the market's driving forces.
That's very much possible, in fact so far ethereum now is actually recovering its value, And I know most of the Eth holder are happy right now for what is happening to its price. I am hoping that this thing will continue to rise until it reach the peek prediction about it.