ETH may start a new cycle of bull market
The last cycle of crypto mania ended in the end of 2018 when leading cryptocurrencies has lost 80% - 90% of their market values. The classic pump and dump cycle may afflict huge financial losses to participants in the bubble.The bright side of this collapse, to some degree, is that tokens has attracted significant media coverage and public interests. Tokens has grown popularity among adolescent and technological nerds, internet hackers.
By the end of 2018, ETH has break below $100 with RSI crossing under 20 which is a historic low level and signed a extremely sever oversold condition. Price of ETH has stayed above $100 more than a quarter. As such, the market most likely starting a major bottoming consolidation and buyers will eventually complete accumulation.
By the end of 2018, ETH has break below $100 with RSI crossing under 20 which is a historic low level and signed a extremely sever oversold condition. Price of ETH has stayed above $100 more than a quarter. As such, the market most likely starting a major bottoming consolidation and buyers will eventually complete accumulation.
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