ETH/USD - About to hit $2,500... 😱

ETH tried to rally, but failed. Similarly to BTC (see below my idea 👇) the price quickly turned back and the selloff has returned.

What is curious about this is... volume. It is quite low. Low volume in a bearish trend indicates bullishness... but considering the overall market, that does not seem to help much.

ETH is clearly headed towards $2,500 and it has to find proper support before any rally can be had.

According to the indicators, ETH will continue to fall for a while... check MACD, it recently did a bearish cross on daily... this will take some time to resolve.

Then OBV or On-Balance Volume is also crashing below the moving averages. Not cool.

Bias remains bearish and if $2,500 does not hold, expect price to fall under $2,000. Maybe we find support there.

Like and follow if you like my idea!