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ETH/USD Forecast: Slows Near $4,600

From dailyforex.com

It really doesn’t matter which digital you are talking about, if Bitcoin cannot get any type of traction, that means that most crypto will suffer, and Ethereum won’t be any different. That being said, I don’t necessarily think that Bitcoin is falling apart, I just don’t think that we have the momentum to push markets much higher at this point in time, because it is a fairly quiet time of year, and volumes of course are somewhat thin. This is not to say that things can happen, it just suggest that perhaps the likelihood isn’t as strong as it will be once the institutional traders come back into the fold and start to ... (full story)

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  • Category: Technical Analysis