ethereum outlook

٢٠ سبتمبر

Is Ethereum dead? I don’t think so. It’s been in a period of hibernation, but I believe it's poised for a comeback. ETH has been in a descending channel for some time, but it's nearing the bottom. I expect it to retest the green multi-year trendline and bounce upward. The weekly RSI has already broken out and is currently being retested. The red circle marks where I anticipate the bounce, and from there, I believe ETH will rise again, catching many by surprise.