Incoming drop for ETH as Altcoins take profits
First major cycle of the altcoin run-up looks to be coming to a close. ETH is looking weak on volume, and has crossed the 1.618 line.
The buyers that created the bottom in March of this year are likely to start selling as the momentum dies down. We will likely hit support at 330, with potential to reach 290.
The buyers that created the bottom in March of this year are likely to start selling as the momentum dies down. We will likely hit support at 330, with potential to reach 290.
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