Ethereum (ETH and ETC) Price Trends (Week of November 7th)

Ethereum (ETH and ETC) Price Trends (Week of November 7th)

The upward movement of Ethereum’s price can be a correction. The graph is approaching a key technical, where volatility is highly likely to increase. ETH/USD. Low volatility, together with a decline in volume, indicates the fact that Ethereum’s price is currently in an area which isn’t really profitable for both bulls and bears. With regards to the movement of the past two weeks, the ETHUSD price is still too low to sell and too high to buy for short-term traders. However, the full-scale rebound towards the $14.5 - $9.5 downward trend is not over yet. In order to form a movement of a....


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The current situation surrounding Ethereum could lead to a serious price fall. But such a movement could largely turn out to be speculation by big players, which will ultimately normalize the price towards its original position. ETH/USD. Around a month ago, we determined two scenarios for the development of the medium-term trend. ETC’s price has formed a downward trend, after cancelling the upward option. The medium-term target on Ethereum has been almost reached. In regards to the short-term targets, the downward impulse has also been confirmed. After a rebound towards the key level of....