You can see the significance of the $365 level for ETH as well as the 70 level of the RSI.
The resistance above ETH right now is extremely strong and after a 9 consecutive green candles on a weekly with Stoch above 90 pointing down it looks like at least 2-3 red weeks are due for ETH.
Granted that at the very moment ETH does look a bit bullish, so a pump higher to the $320-$360 region is definitely on the table for the next few days.
I would expect most alts to follow as BTC dominance goes up again in the next few weeks.
Please also refer to my related ideas.
Mostly pay attention to this one:
The resistance above ETH right now is extremely strong and after a 9 consecutive green candles on a weekly with Stoch above 90 pointing down it looks like at least 2-3 red weeks are due for ETH.
Granted that at the very moment ETH does look a bit bullish, so a pump higher to the $320-$360 region is definitely on the table for the next few days.
I would expect most alts to follow as BTC dominance goes up again in the next few weeks.
Please also refer to my related ideas.
Mostly pay attention to this one:
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