Ethereum (ETH): Are We Doomed or Will We See $3000?

Struggle is huge on Ethereum, where we are at a major support area (or let's call it a neckline, as it suits it more here), which is also close to the 200EMA.

So strong a base has formed there that each time we reach that point, we see a strong bounce and dominance from buyers, and yet we always go back to that area.

So, same as Bitcoin, we wait for any more confirmations near the current zone. If we see a breakdown from the neckline area, the drop will be nasty; if we see proper buyside dominance, we will be heading for $3000. So let's wait...

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