Can ETH remains bullish despite the bears' pressure? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
The rate of Ethereum has increased by 3.24% over the last 24 hours.SHIB and DOGE Price Analysis for November 22
If buyers cannot seize the initiative by the end of the day, the fall may continue to the $1,180 mark. The situation differs on the bigger time frame. Despite the recent growth, Ethereum has not entered the bullish zone yet as the price remains below the vital $1,300 area. Thus, the volume is low, which means that buyers are not ready yet for the upward move.
Analyzing the chart against Bitcoin , Ethereum has entered the bullish zone after the breakout of the resistance level at BTC 0.0717. If buyers can hold the gained initiative, the rise may lead to the test of the interim resistance zone at BTC 0.074.
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