Fractal Suggests Ethereum May Face Further Chop Before Seeing Parabolic Rally
Fractal Suggests Ethereum May Face Further Chop Before Seeing Parabolic Rally Reading Time: 2min read Ethereum has posted some mixed price action throughout the past few days, testing its all-time highs earlier this week before facing a swift selloff overnight The timing of the BTC selloff that placed pressure on ETH was unfortunate, as it has led ETH to mark its highs as a local top This means that the mid-$1,400 level may remain intense resistance for the cryptocurrency in the short-term While sharing his thoughts on this price action, one analyst explained that ETH is now following in Bitc...
Source: newsbtc.com