Ethereum Nqe Kev Ntsuam Xyuas: Ethereum Yuav Ntxiv Depreciate Yog tias $ 300 Kev Txhawb Nqa Crashes

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Ntsiab Highlights
Ethereum is likely to fall and reach another low of $260
Ethereum risks further decline below $310

Ethereum (ETH) Cov Lus Qhia Tam Sim No
Tus nqi tam sim no: $334.37 
Kev Lag Luam Kev Lag Luam: $ 37,624,529,738
Cov Lag Luam Loj: $ 21,351,580,520
Cov chaw xa khoom loj: $ 280, $ 320, $ 360
Cov aav loj uas xav tau: $ 160, $ 140, $ 100

Ethereum (ETH) Kev Ntsuas Tus Nqi Lub Cuaj Hli 9, 2020
The biggest altcoin has been trading at $333 at the time of writing. Since September 5, Ether has been fluctuating between $300 and $380. The bears have not been able to break the current support while the bulls have not been able to push ETH above $380 high.

On the upside, the current uptrend would have resumed trending if the bulls are successful above $380. Today, the coin is falling and approaching the current support at $300. Ethereum risks further decline if the current support at $300 is breached. The coin will decline to $260 low.

ETH / USD - Daim Ntawv Qhia Txhua Hnub

ETH Kev Ntsuas Qhov Ntsuas Nyeem Ntawv
ETH price is below the EMAs which suggests that the coin may further fall. The uptrend will resume when price is above the EMAs. The crypto is also at level 39 of the Relative Strength Index period 14. The coin is approaching the oversold region of the market.

ETH / USD - Daim Ntawv Qhia Txhua Hnub

xaus
The biggest altcoin is still fluctuating above $300 support. According to the Fibonacci tool , Ethereum will fall if the $300 support is broken. On the September 5 downtrend, the coin fell to $310 and the retraced candle body tested the 78.6% Fibonacci retracement level. It is likely the market will fall and reach a low of $260 or 1.272 Fibonacci extension level.



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