Does ETH have a chance to come back to the $1,500 level? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
On the local chart, Ethereum is trading near the local level at. If the pressure continues until the end of the day, the fall can lead to a test of the $1,450 mark next week.
On the daily time frame, the situation is neither bullish nor bearish as the price is located inside yesterday's bar. However, if the candle closes near $1,447, the downward move can continue to $1,400 shortly. On the bigger chart, Ethereum has come back to the bearish zone as the price has broken the vital $1,500 mark. In this regard, bears have a chance to push the decline to the $1,300 zone.
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