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❕NEWS Celebrity analyst Aayush Jindal: ETH could hit a new decline

aryan4

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The famous analyst points out the following:
- There is a key bearish trend line with resistance around $ 1,070 on the hourly chart of ETH / USD
- Negative of trading well below the 100 hour simple moving average
- The pair must rise above $ 1,120 and the 100 hourly SMA to start a new rally.
The analyst suggests caution for the possibility of a fall. What do you think about it.
 

sagefave

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I think the rallying of prices must see a resulting decline of prices caused by the coin being over bought. So although I never put much stock in predictions, I think investors should watch for a decline and then enter the market at the next sign of a rally.
 

aryan4

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ETH price seems to continue to move around $ 1200 in the short term. but does not want to go down any further. Let's see what is going to happen.
 

achawaskey

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Most of the cryptos really depend on the rise of Bitcoin, and lately Bitcoin has been hovering around it's current prise. Ethereum will also rise too.
 

aryan4

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The current price approached about 1300 dollars. Transactions on Binance are incredibly fast and intensive. A little more alive today.
 

Brain

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ETH price seems to continue to move around $ 1200 in the short term. but does not want to go down any further. Let's see what is going to happen.
It rising more because the last time I checked it had moved to $1400 so I'm not seeing a decline yet. Well the prediction might just be for the future certainly not now
 

Sudipta

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Ethereum just recorded new all time high of 1.44k some days ago, so I don't think it may go for any free fall now. Though the fall of bitcoin recently affected ethereum a lot but now they all are rising.
 

aryan4

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Ethereum just recorded new all time high of 1.44k some days ago, so I don't think it may go for any free fall now. Though the fall of bitcoin recently affected ethereum a lot but now they all are rising.
As the markets start to shake somehow, some of the coins can fall very low and some can rise slightly. If you are involved in coin trading, I suggest you follow this popular analyst.
 

Sudipta

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As the markets start to shake somehow, some of the coins can fall very low and some can rise slightly. If you are involved in coin trading, I suggest you follow this popular analyst.
Thanks for the information sir. I think you are earning a lot currently by trading rather than investing. Good luck during trading sir. I am currently not going for trading. I will go for gathering some more information about trading first.
 

aryan4

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Thanks for the information sir. I think you are earning a lot currently by trading rather than investing. Good luck during trading sir. I am currently not going for trading. I will go for gathering some more information about trading first.
I definitely keep long term in Bitcoin but I trade in altcoins.
I am winning but not in such large amounts but still I am satisfied. There are always things waiting to be learned in the markets.
 

Sudipta

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I definitely keep long term in Bitcoin but I trade in altcoins.
I am winning but not in such large amounts but still I am satisfied. There are always things waiting to be learned in the markets.
Yeah definitely bitcoin is for long term investment, like see the price is ramping up again today. I the literally hit 38k today and the current price is 36.5k. I think the price may ramp towards 40k today or tomorrow.
 

Niftyicon

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Rising and falling in price is quite normal with Cryptos and ETH is no exception but with the performance of ETH when btc was falling in price, I don't think it would be going down in price at least not too much.
 

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Well i think he might actually be wrong on this one because ethereum is actually unpredictable because there could be the presence of whales at any time , that would sky rocket the price
 
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