Ethereum (ETH) may be ready for a new rally, though establishing a bottom may only be known in hindsight. ETH prices against BTC pairing look worrying as the asset continues to break to new range lows.
ETH Starts Showing Upside Potential
ETH has recovered slightly from the downward selling pressure over in the past three months, but it is still early to call the bottom. Right now, the asset is fluctuating in a range and looks likely to break lower unless new volume arrives.
Somehow the ETH bottom attempts are getting weaker, not stronger.There is a chance this is the bottom but I think it's pretty minuscule.Reclaim the "not bad" trading range and I'll change my tune.
Hard to ignore that this isn't a bullish chart, not yet anyway. pic.twitter.com/L14Xf7AexR
— DonAlt (@CryptoDonAlt) January 30, 2020
At this point, analysts view…
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