Time for Peace and Bulls a case for Ethereum

On this Episode of Flipside of Crypto we cover:

  • Infighting between different smart contract project communities: Cardano (ADA), Polkadot(POL) and Ethereum (ETH).
  • Ethereum news
  • Ethereum price prediction

Joe Damiens – Technical Analysis:

Most Likely Scenario: Bullish

  • 61.80% Fibonacci Retracement at $1,535 USDT level.
  • Expanding Wedge Pattern.
  • Support at $1,570 USDT level.
  • Resistance at $1,873 USDT level.

Least Likely Scenario: Bearish

  • Possible Retracement to $1,570 USDT level.
  • If the price breaks and closes below the $1,315 USDT level, our bullish scenario will be invalid.
  • Possible double top formation.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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