Ethereum -A decline is likely to happen

Ethereum has followed our recent scenario, as the $270 mark was reached before June 20. ETH quotes are trying to follow Bitcoin, but in this case, the dynamics is less positive and the movement occurs in a sideways trend.

After a bull run since the beginning of May, Ethereum has been located in the yellow corridor $228-$288 for 4 days. Currently, the bearish tendencies prevail over the bullish ones, and the decreasing trading volume confirms it. Thus, the lines of the RSI indicator are on the way to the oversold zone, suggesting a potential decline to $255 shortly.