“Ethereum needs only 10 dollars to reach 285 dollars and justify our forecast made a few days ago. Even a record transaction volume of 1 million per day can prevent the lead altcoin from falling below $ 300.
On the 4-hour chart, Ethereum monitors BTC price movements, showing a decline since June 26. However, one should not expect a drop to $ 250, since the RSI model is moving into the oversold zone. MACD is declining, indicating an early decline to 270 dollars.
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