Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Magepai on June 19, 2021, 08:50:06 AM
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Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000. If the ETH/USDT pair breaks below $2,180, the next stop could be $2,079.94 and then $1,728.74. The downsloping 20-day EMA and the RSI in the negative zone suggest that the path of least resistance is to the downside. This negative view will invalidate if the price rises from the current level or the support and breaks above the resistance line of the triangle. Such a move will suggest that bulls are back in command and a new uptrend is likely.source (https://cointelegraph.com/news/price-analysis-6-18-btc-eth-bnb-ada-doge-xrp-dot-uni-ltc-bch)