Hello, dear Traders! PrimeXBT is at your service and today we overview ETHUSD (inverted).
I invert the ETH chart to illustrate the bearish scenario. Price is moving inside the channel and we have the next round target of $100. But in case ETH breaks the lower line - we will be able to talk about reversal of the bullish movement.
We set this BTC chart on the left for clarity, what can happen according to this price changes, similarity is observed.
Market Cap $16 035 694 805 USD Volume (24h) $6 678 425 801 USD Circulating Supply 108 865 785 ETH
Share your thoughts, ideas about the market under the chart.
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ETH's price moves step-by-step to the target zone.
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Ethereum Flashes a Bullish Signal
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Ethereum/Bitcoin Forming a Bullish Trend Reversal Pattern