By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On March 5, Ethereum stopped going down, and is currently trading at $126.82. The downtrend reached 61.80% Fibo, while now the price may go up to the local resistance at $133.70. Once it happens, the crypto may both rise to $144 and bounce […]
Tag: Ethereum price analysis
Why Is the Ethereum Price Tanking? Here Are 4 Possible Reasons
Crypto markets are down across the board, and that’s nothing new. But what’s behind Ethereum losing 44 percent of its value in just two weeks? From August 1 to August 14, crypto’s number two went from $470 to $260. That’s its lowest level since November 2017. It was trading at […]