Looking at the chart, this support level appears to be at the $18,845 level, which could be hit, should relative strength continue to subside.
Today’s decline in price pushed the RSI below its own floor at 37.40, and it looks to be heading for a lower point at 31.trading in the region of $18,000, but it could possibly fall below this point.also extended a recent losing streak, with prices today falling to their lowest point in over a week./USD fell to a low of $1,056.05 on Tuesday, which is its weakest level since July 4, during the U.S. Independence Day celebrations.
This latest decline has seen ethereum now lose over $100 in value over the past 24-hours, sending prices near a long-term support level in the process.As seen on the chart, the floor at $1,050 has been in place over the past month, and is one of the last remaining defenses preventing prices from falling below $1,000.chart slip below a support point, which could indicate upcoming downwards pressure.
Price strength now sits at a new floor of 35.85, which is already oversold. However, should this floor give way, we may see prices fall further.
This technically means usdt is pumping right now lol
Good that I’ve bought some more LEO tokens.
I wonder if it will behave differently than everyone expects.
Seems like it’s better to hodl USDT
Look at bitoreum !
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We should hoard US dollars and HODL Bitcoin + EOS
My USDT bags were preparing for this, hell yeah!
It's almost time to go to Bitfinex and buy some more Bitcoin.
It will likely spike back above 20k for a brief while but will drop down to new lows as the Fed tightens and liquidity is drained. I'm buying from 19k on downward for long-term accumulation. It might get to 10 or 12k before full capitulation, but nobody knows for sure.
Scam, how the usd is going vs groseries & goods, this is a biased picture
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Teach these people how to grow their crypto assets. Tell them the market is really profitable as it goes up or comes down. There are very good strategies which can get one on profit both ways but very few people know about these strategies. Feel free to send a dm
oh, it's not bitcoin weak, it's my usdt strong 😂 I am more than sure that speculators are closing their positions before Powell's report.
USDT gets stronger with the Dollar, haha. I'm waiting for the best moment to spend my bags.
Euro needs American tourism, bread and butter
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