Ethereum [ETH] and the question of whether we can expect March all over again - BitcoinEthereumNews.com
EthereumEthereum [ETH] at ang tanong kung maaari nating asahan na muli ang Marso08 / 01 / 2022Balita ng Ethereum ng Bitcoin If you zoom out ETHs chart, you will notice that its performance in July has similarities with its performance in March. Could this performance offer some insights into how ETH will perform in August? ETHs latest rally kicked off in mid-July and managed to push the crypto up by as much as 74%. More importantly, its price seemed to be stuck in a low-volatility range after its sharp crash from April to June. Similarly, ETH rallied by roughly 42% from around mid-March, after being stuck in a low-volume range. It was preceded by a sharp crash between November 2021 and January 2022. If ETH follows a similar pattern as it did in March, then August should deliver a bearish performance. Although this is entirely possible, most of the dynamics currently driving its price action are different now, compared to what was the case in March. The two sides of the coin One of the main differences is that ETH has almost doubled its drop from the ATH. Ethereum plans to roll out the final testnet called Goerli towards the end of the first week of