Ethereum continued to drop on Tuesday and closed below $500.
The possible scenarios remain the same as yesterday since price is still around $500 but it's not very likely to rally.
If price rallies, we can expect a reaction from the resistance (previous support) around $575.
If price continues to drop, we can expect it to reach the next support area around $400.
Good Luck,
CryptoTrendline
The possible scenarios remain the same as yesterday since price is still around $500 but it's not very likely to rally.
If price rallies, we can expect a reaction from the resistance (previous support) around $575.
If price continues to drop, we can expect it to reach the next support area around $400.
Good Luck,
CryptoTrendline