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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Tubelight on June 09, 2021, 04:03:47 AM

Title: What is the next direction for Ethereum?
Post by: Tubelight on June 09, 2021, 04:03:47 AM

Ethereum is likely to fall as it faces rejection at the $2,840 high. Meanwhile, on June 4 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that ETH will fall to level 2.618 Fibonacci extension or level $2,073.98. From the price action, Ether is retracing from the previous high.

ETH
Disclaimer. This analysis and forecast are the author’s personal opinions and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their research before investing funds.more (https://coinidol.com/ethereum-2840-high/)