MonoCoinSignal

Ethereum broke its short-term uptrend line!

BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum broke its short-term uptrend line to the downside yesterday after reacting to the $1,340 resistance range. The reversal of the market and altcoins on the Total 2 indicator was marked with high accuracy, which issued a trend reversal warning. Ethereum price reached the $1,300 range on selling pressure, but this support has now been broken, and a further decline to the $1,290 range has been recorded. The regrowth of the price of Bitcoin and maintaining the support of $19,100 can bring the price of altcoins, including Ethereum, back above the $1,300 range. In this case, Ethereum can still have its short-term upward trend. We still have to wait a few hours for the Ethereum price to return because there is still a possibility of breaking the support.

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