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Encryption analysts predicted that Etherrium prices could account for additional 13%. Conflicts at the new low. Cryptocurrency is currently emerging near the decisive $ 2,200 resistance, which can cause more volatility and cause significant decrease.
The price of Etherrium is set to $ 1,700.
In recent technical analysis Post The price of Etherrium by TradingView Crypto expert MADWHALE Serious price destructionIt decreased 13% and reached $ 1,700. Analyst is the prospect of this weakness. Recent price measures And chart pattern.
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MADWHHALE is Cryptocurrency Descent channel. This channel is generally a weak chart pattern formed when two down slope trend lines are connected to the lowest and low lowest lines. Generally a MainA place where sellers dominate the market, not buyers.
Currently, the price of Etherrium is approaching quickly. Main resistance area Located around the upper limit of the descent channel pattern and is $ 2,200, represented by the red shadow area on the chart. Historically, when the price reaches this area, it often generates significant sales pressure, causing rapidly. Reversal price drop prices.
According to MADWHHALE analysis, cryptocurrency may not be destroyed by this critical resistance area, and the expected falling downturn may be triggered at $ 1,700. This goal is A Strong support area The place where Cryptocurrency discovered the previous interest interest.
especially, Ether Leeum’s book Analysis also indicates market participation that flows into strong signs of strong drivers or strong momentum. If the volume is low Sales pressure increasesEther Leeum is likely to experience an additional price drop.
The analyst predicts the three main goals of Ether Leeum.
Despite the continuous sales pressure Ether Leeum price dropX (previous Twitter) encryption analyst PATRON is optimistic about the future prospects of cryptocurrency. There is a market expert prediction I believe that the three optimistic goals for Etherrium prices are only time problems before the current decline disappears.
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The analyst has reached the level of major support, and the bounce in this critical price Trigger the surge On his price chart on his projected goal. At the time of writing, Etherrium price transactions are expected to reach the first goal of $ 2,296, up 15.44% to $ 1,989.
After this surge, Patron predicted that Ethereum would recover the previous high and increase the rally to $ 2,913. For his final goal, he surged to $ 4,000, reflecting 101%of jumps with a new ATH. In particular, the analyst claims that if Ether Lee can reach this strong target, investors can benefit 100%.
The main image of Unsplash, the chart of TradingView.com