ETH price shows bear flag, expected to decline to $ 100

Since March 19, ETH has been trading on the $ 130 area. Despite some bullish forecasts, traders from TradingView have detected a bear flag on the ETH chart, so it is expected that Crypto No.2 will lose part of its recent gains.

ETH/USD may be moving in bear flag ’

Trader Monetae_CB shared the prediction for the ETH / USD pair for a short time. In a TradingView post, he wrote that the second largest coin is about to plummet due to the bear flag and drops to $ 114.7.

The bear is still in control of the market and another sharp decline is imminent.


‘ETH adjusting

According to trader EminenceGawn, ETH is correcting at the moment. He said that ETH is likely to drop to $ 127-128 and then test the nearest resistance level.


ETH may start to decline

David_Smith from TradingView also to post ETH chart with anticipation of the upcoming price drop, which could be as low as $ 121, $ 114.95 or $ 109.

"We should keep an eye on it threshold horizontal support again, price adjustable come this area. In case the support zone is broken, ETH will fall. Wait for the signs to confirm.


You can see the price of ETH here.

Disclaimer: This is not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

Minh Anh


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