If Ethereum Doesn’t “Power Above” This Level, Watch Out Below: Analyst

Ethereum, like Bitcoin, has faced a strong correction over the past few weeks. From last week’s highs around $490, the cryptocurrency has dropped around 30%. As of this article’s writing, the coin trades for $335, marginally above the local lows. Ethereum could face a deeper correction if it doesn’t manage to retake a pivotal price level. The cryptocurrency’s descent may be compounded by a Ponzi scheme/pyramid scheme ravaging users in Asia. The scam purportedly has […]
Bitcoinist.com

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Author: toutiao