Post
Topic
Board Speculation (Altcoins)
Re: ETH also breakout the resistance zone and now trading near $2330
by
lepbagong
on 21/07/2021, 11:29:33 UTC
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.
The good sign and a multiple attempts of Ethereum coin is now changed its direction to bear market as the behavior of the market few weeks after is slowly decreasing its value. and if the situation will continue we can say the bear market has started.
in a volatile market situation it will still be difficult to move higher, need external encouragement with good news coming to influence many investors to be able to trade again hoping that the increase will come in time.
the forecast for an increase will always be there and is likely to occur in Q3 and continue to peak at the end of this year. be patient with all of it.