Ethereum

$ETH Price Prediction 07/12/2022

330
Not the best sign as we break below long-term trendline with lows around 1050.

A buffer was added for better accuracy of this rejection and indicates how the upper limit intersected support and lower limit acts as new resistance.

A dotted line was also added to show an estimated 'extreme' and current support.

It seems that we still have a chance at short-term recovery if we can make it back into pattern before late-July (~7/20).

Alternatively, we could form another recovery through an extended second bottom (dotted) with a low of 900-950 although I'm not actually sure if this would be valid.

Feragatname

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