~
If the price moves below the key support of $ 365, we will expect the price to decrease until the next support at $ 311.
However, no definite opinion can be given before the pattern is formed. On the other hand, as the price moves above the pattern, the next price target will be the $ 430 resistance.
Above this level, you can expect the price to rise to $ 480 in the medium term
If the price moves below the key support of $ 365, we will expect the price to decrease until the next support at $ 311.
However, no definite opinion can be given before the pattern is formed. On the other hand, as the price moves above the pattern, the next price target will be the $ 430 resistance.
Above this level, you can expect the price to rise to $ 480 in the medium term
Till now the price is remaining standard and not able to break the resistance line. I think this downward movement will be remained until mid-Sep and we are going to touch the support line (310$-311$) once again, after gaining some power then price will go up again. So, now this is the perfect time or great chance to buy ETH at lower price for those people, who missed the previous pump ..
I don't think that will happen. there is little chance for ethereum to touch the support line. my prediction is that the price will stabilize at $390-400 until there is a new announcement from ethereum. unless there is some bad news maybe ethereum will fall over the support line or it could even be below $300. but it is very unlikely.