Quote from: Naficopa on Today at 11:37:54 AM

Quote from: kumar009854 on July 07, 2021, 10:41:06 AM

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

And unfortunately the situation has changed. Now ETH is slowly getting closer to support but the other way. If it breaks the resistance below $1800, I am afraid we will go to $1500 or even much lower, which in my opinion will already confirm that a bear market has started.

yes you are right, currently the market is experiencing a bear market, so the possibility for the price of Ethereum to go down is still possible, especially if you look at what is happening today (market prices are starting to fall again), so that makes me believe if the price of Ethereum can go down to $1500 or even below (if the market still continue to bear market).