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Ethereum has been a crypto to watch during the last few weeks. We have seen ETH rise from 3 bucks to 20 and then back down to 6.20. I had a feeling this was going to happen and it did guys it fell into the 6.50 range like i said it would. It does not look like the rally is over just yet but i could be wrong. Ethereum looks like its on a uptrend now and it could either be stabilizing or getting ready to continue the rally.
Lets take a look at the chart:
If you take a look we have been seeing a downtrend which led to the most recent drop. We started at almost 11 dollars in the beginning of the month and now todays price is 8.26. I would say if you invested in the 6 dollar range you could have made thousands of dollars on this flip with just a few hundred coins. I did not participate in this trade because i was to spooked ad now i wish i would have taken the risk. You cant win them all and conservative traders are the best traders.
Remember when reading my topics about trading i only give you advice based on research and market analysis. Please only use this as a guide and do not hold me responsible for any losses. Keep trading and if you have any questions leave them below.
As always thank you for reading please don't forget to follow me and like the topic.
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Lynne
I think Bitcoin is going to be a much more stable option for investment! Oh Jkeyz2 yeah I can imagine how spooked you must have been with such a drop in value with Ethereum. I'm not sure I am brave enough to invest in it. I think Bitcoin is going to be a much more stable option for investment!
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