ETH lost in its blackhole with no signs of reversal

in #crypto7 years ago

ETH price has been constantly falling even resulting in a slide of lower than $600. The moves comes as bear market and low volumes continues to push the price down. Although Bitcoin was able to break its own downtrend ETH has failed to do so as investors loose interests or major ICO's sold their share of holdings.

In chart we can see that since its ATH ETH has been constantly falling and is now testing its last support before $400 (if broken). If the current support is broken we can say that ETH completely sink in the blackhole the bear market created. The chart also does not show any good sign of reversal. RSI is completely stable (having room for both price ups and down) and same is the case with MACD.

I say we should rather buckle up boys if it breaks the support we are tanking. !

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