Ethereum can have a positive fluctuation

11 de fev. de 2023

In the last 24 hours, selling pressure on Ethereum caused its price to return below the $1,499 level for a short period of time. A temporary break of this range can be one of the signs of a further decline in the price of Ethereum and a move towards lower supports. But if Bitcoin makes a positive swing before continuing its downward move, it will grow to the $22,000 range. Ethereum can also have a positive fluctuation up to the range of 1581 to 1605 dollars with a strong positive reaction to this support. Otherwise, with increasing selling pressure, further decline of Ethereum can continue until the next support range, i.e. the price of 1366 dollars, which is a stronger range for a positive reaction.