Phenomenal crypto analyst and Youtuber Carl From The Moon pointed to the formation in Ethereum (ETH), noting the possibility of a 14% decline.
Analyst 1 May Posted on his official social media account on in the shipment, 4 hours of Ethereum in a graph “shoulder to head” formation was formed. Carl, the formation is broken to the downside. approval in case of price 1,570 falling to dollar levels 14% of on a depreciation He suggested he could save it.
At current price 14% drop not just Ethereum but the entire cryptocurrency market. thought to affect. In case of a similar decrease in Bitcoin, the price will decrease. 24,500 It is expected that it will fall back to dollar levels.
Also active on-chain data side Annual average of Ethereum wallets based on monthly average over to go out It was noted that he failed. This is Ethereum on the usage side One to weaken allegedly indicated.
Analysts, in the current regulatory framework, Bitcoin (BTC) many cryptocurrencies regulatory risks. exposed, but still Ethereum compared to other cryptocurrencies period more in stable He said they were waiting for him to move.
According to Coinecko data, the latest 30 days in 0.4% appreciated ETH, end 24 hours in %one declining as of writing 1,830 traded at the dollar level.
