Last week, trade wars were sealed, in many ways, it was very important for the inverted coin market. Since Etherer was the most market value with Alkatin, it was surprising to his performance in the process of chaos.
The ETH criticized the current cycle’s performance and could not pass last week. The Yellow Major Support Zone, which maintains the $ 1900 – 50 2150 limit, draws attention as the most important support zone. Earlier last week, after throwing a weekend from a yellow support zone, ETH tried to recover the Green Area during the week. The ETH, which has difficulty covering the Green Area of $ 2800 – 2900, has a weekly closure under the Green Area, despite all its efforts.
The partial recovery, which Ether, has been experienced after throwing a deep weekend in the yellow area can be positively estimated.
The fact is that the disqualification of the Ether in re -occupying the green area can be considered negatively.
Until the green zone is regained, it will not be possible to say technically that “began”.
Last week, in the turmoil, there was a development that we can feature in Ether.
Blackrock ETHF has tested the second highest admission in history, and we see that investors show serious demand for Ether, and try to regain the range of 00 2800 – 2900.
If we see that Ether has reached the boundaries of 00 2800 – 2900, we will be able to talk about the positive effects of demand.
