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Ethereum could repeat recent 10% drop to 0.169 BTC soon

From eng.ambcrypto.com

Since mid-July 2019, Ethereum has been unable to cross above 0.0227 BTC, priced at around 0.176 BTC at the time of writing. While the short-term looks like more downward for Ethereum, the long-term looks a little more optimistic, and could push ETH back above 0.02 BTC. At the time of writing, ETH was valued at around $144, and had a market capitalization of over $15.6 billion. On December 16, ETH fell by over 10.4%, from nearly 0.02 BTC down to 0.0178 BTC, in two and a half days. This drop was echoed recently, on January 6, where ETH dropped by 10.35% from 0.185 to around 0.169 BTC. In both cases, BTC had risen by ... (full story)

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  • Category: Technical Analysis