๐ท $ETH is flying to the Bottom
The market shedding continues and the price of so many assets have fallen to their lows. #Ethereum has not become an exception.
The price of the coin on the timeframe of 4 hours reached the support level on the minimum at ~$1,770 ๐. At the same moment, volumes declined and the RSI indicator went firmly into the oversold zone.
At this point, there is a lot of evidence that there will be a bounce after the weekend. First, #bitcoin ๐ฐ will need to close the gap on the CME. Second, indicators are telling us that the market is oversold.
In case of a bounce from support, Ether is very likely to form a consolidation between ~$1,770 and the ~$2,070 and ~$2,100 zone ๐
๐ @WISE PUMPS
๐ฅ #Saylor500KClub โฌ๏ธ๐ฅ
