Ethereum price targets $590 after bulls vigorously buy the ETH dip

Ethereum price targets $590 after bulls vigorously buy the ETH dip

Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590. Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage. Daily cryptocurrency market performance. Source: Coin360As the price of Bitcoin (BTC) dropped precariously close to a large CME gap at $17,000, Ether (ETH) price fell below the 20-MA to $529. At this level, Ether became oversold on RSI and the bounce from that region was strong enough to bring the price back to the 20-MA. ETH/USDT 4-hour chart. Source:....


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