Analyst: Ethereum Price’s Chart Looks “Ominous” After $250 Rejection

Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish. One analyst went as far as to say that the cryptocurrency is currently in an “ominous” position due to a strong rejection at a crucial horizontal level. Related Reading: Fund Manager Reminds Bitcoin Investors to “Be […]

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