$ETH Given that the price is falling sharply and the moving averages are aligned bearishly, the most likely scenario is that the downward trend will continue.
Although the oversold indicator suggests there could be a temporary bounce upward, the strength of the downward trend, confirmed by the moving averages and the momentum indicator, is dominant. Any bounce may be weak and short-lived, and the price may resume its decline to seek a new support level. DYOR
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Although the oversold indicator suggests there could be a temporary bounce upward, the strength of the downward trend, confirmed by the moving averages and the momentum indicator, is dominant. Any bounce may be weak and short-lived, and the price may resume its decline to seek a new support level. DYOR
🤍🤍🤍🤍🤍🤍🤍
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ETH
4,189.1
-2.60%