Is ETH’s Rally Over? The Key Indicator That Called Ethereum’s Run Just Flipped Bearish

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Ethereum surged from just over $1,500 to nearly $2,000 before stalling at the $2,000 psychological level. The TD Sequential indicator, which had correctly predicted the July rebound when ETH fell to around $1,520, is now issuing a sell signal. Analyst Crypto Lens forecasts roughly a week of consolidation below this level before a final leg down to the $1,400-$900 range, followed by the next bull run targeting $7,000. Against Bitcoin, ETH/BTC has been forming lower highs and lower lows for the past year, with a fresh multi-year low expected below the 0.0235 threshold.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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