Hi!
ETH is now in an extremely low position. How good is the idea
chat avenue to buy it now?
Thanks.
The Bitcoin dominance is looking a little bit weak so there is a chance that we might have a short term burst in altcoin prices. The Ethereum chart is not looking good at all, to be sincere. If we break the ~$150 support we will most likely go to to test the $100 price level. The daily timeframe is quite drippy, probably heading back down to $165 & if that level doesn't hold we'll test the major support zone at ~$150.
DISCLAIMER: This is solely my opinion on the market. It should not be interpreted as financial advice.