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Ethereum weekly analysis

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Ethereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD.

Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the trend.

So, based this analysis, I calculate that Ethereum could to reach $474 USD in the next weeks to watch.

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Also, I share my monthly timeframe here that this month was extremely bearish for Ethereum

So guys, I will share those analysis here to know my own opinion and perspective for crypto-markets.

I hope that this idea support you!!!

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