Can traders expect ETH to test the $2,000 mark? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
On the hourly chart, the price is trading near the local support at $1,911. If the bears' pressure continues, the breakout may lead to a sharp drop to the $1,900 zone. Such a scenario is relevant until the end of the day.
On the daily time frame, the price of Ethereum has made a false breakout of the $1,920 mark. If the candle closure happens far from this mark, there is a chance of seeing a more profound decline to the support at $1,890. The opposite situation is on the daily chart against Bitcoin . The rate has continued the decline after the failed attempt to fix above the 0.06672 mark.
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