Friday 23 July 2021

It's now make or break for this crypto

It's now make or break for this crypto (critical levels). After the recent near 50% drop in the major cryptos like bitcoin and ethereum, we are starting to see key support levels being tested over and over again. For example, ethereum (ETH) has been testing a key level near the 1700 to 1730 range many times now. But what could potentially happen if ETH were to test this level again - say for a 5th time? What are the likely risks? And what is the key level of resistance that could likely push Ethereum into an uptrend? We look at the charts. Video by Alessio Rastani.