Today we are going to talk about Ethereum, The level of 90 dollars is worked for a short week and here two scenarios are possible.
The first (blue arrows) that is the most favorable and also the one that is most likely to arrive provides a rebound to fetch the last resistance and come to work the top trends. What makes me think about this scenario is the presence of a huge divergent momentum, a sign that sellers are selling their positions and that buyers are buying a lot.
The second scenario (yellow arrows) is the most pessimistic scenario, it is conceivable if buyers are not yet ready to pay this price and expect cheaper prices to buy and therefore make up the price.
In both cases I remain very confident about the future recovery of Ethereum and other cryptocurrencies.
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"Warning: This publication is not an investment advice, it's only my personal opinion. My publication was created from my acquaintances who have been growing for 2 years."