ETHEREUM ANALYSIS ETH/USDT Ether (ETH) broke below the triangle on June 18 and reached the critical support at $1,728.74 on June 22. The bulls purchased this dip and are attempting to stage a relief rally, which may hit a wall at the 20-day EMA ($2,325). If the price turns down from the 20-day EMA, the bears will make one more attempt to sink the ETH/USDT pair below the $1,728.74 support. If they succeed, the pair could start the next leg of the down move that may reach $1,536.92 and then $1,293.18. The downsloping moving averages and the RSI in the negative zone indicate that bears have the upper hand. Contrary to this assumption, if the bulls push the price above the 20-day EMA, the pair may rise to the 50-day simple moving average ($2,812). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereuminvestment #ethereumtrading #ethereum #ethereumprojects #ethereumcoin #ethereumpump https://www.instagram.com/p/CQfKIhJgR7J/?utm_medium=tumblr






