By Bragor - 18.02.2020
Will ethereum crash 2020
For starters, some experts are of the opinion that ETH will quite easily outperform BTC during However, there are still some skeptics who. This, they say, is an opportunity to accumulate at fire sale prices. analyst Raoul Pal, founder and CEO of of Real Vision Group, said he was bullish on bitcoin and Ethereum. Raoul Pal (@RaoulGMI) September 7,If You Hold Ethereum Cryptocurrency You NEED to See This! - Ethereum About to Explode in December!
Why did Ethereum price crash? Ethereum price had its worst day since March 20 yesterday.
The correction yesterday happened in line with the decline in other financial assets. In general, cryptocurrencies like ETH tend to drop when other financial assets drop.
Their drop is usually more severe because of the small number of long-term institutional investors who hold them. Instead, they are mostly owned by speculators, who are quick to exit when there will ethereum crash 2020 will ethereum crash 2020 structural issue in the market happen.
The same thing happened in March when the coronavirus illness was declared a Ethereum price also dropped will ethereum crash 2020 https://magazin-show.ru/2020/zelcash-nodes.html will ethereum crash 2020 stronger dollar.
The US dollar has been in will ethereum crash 2020 strong upward trend this year will ethereum crash 2020 traders bet that the US economy will recover will ethereum crash 2020 than expected.
When the dollar strengthens, it tends to push other assets lower.
That was true with commodities like gold and silver prices. So, what next will ethereum crash 2020 ETH? The daily chart below shows how severe the drop of Ethereum price was click. It was also closer to the will ethereum crash 2020 level on August 25 and This price was also along the day exponential moving averages.
It was also between the Want to learn more about technical analysis? Check out our free forex trading course.
Ethereum price technical chart Download our latest quarterly market outlook for our longer-term trade ideas. Follow Crispus on Twitter.
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