Ethereum Bears Keeps Fighting, Why ETH Could Correct Sharply

News • 2020/12/17 • par
remitano

Ethereum could experience a downfall if it breaks the support line of $575.

Although ethereum has tried for the past two days to beat the $594, $595, and $600, it appeared it couldn't move higher than $565

Major Signals

  • Ethereum is still trading below the $600 resistance level
    • The $580 support zone looks strong, and anything above that could take ETH to $620
  • If the movement is downward, ETH could go below the $575 support level

In the last 48 hours, ETH's movement has been positive to go past the $600 level. If ETH stays above the $575 and $580 support level, there are chances that it could new heights if the upward movement continues.

The major resistance is around the $595 region. A break beyond $600 resistance may set the path for a continuous upward trend.

Will you be glad to see ETH trade above the $620 level? Share your opinion in the comment box.

commentaires (4)
Invité
visiblemoney
il y a 6 ans
Sure! ETH trading above $620 will compensate better for staking and hodling!
lorettachinasa
il y a 6 ans
Yes I will be glad to see Ethereum surpass the $620 level
tessier122
il y a 6 ans
Okay
andrei12
il y a 6 ans
i will be glad to see it rise above $620

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