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Analysis and Prediction of Ethereum Price (Dec 10th, 2018) – ETH drops after tapping $1300. Bearish Formation in play

 

As Ethereum prepared for a new swing low, the break and retest patterns appeared to be complete. Low trading volume means that the price is still stuck in a supply area. A major sell-off is expected. After hitting $1300 Monday, Ethereum has begun to show signs again of weakness. The price fell to a daily level.

 

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