ETH/USD Forecast: Ethereum Has Rough Open

  • Ethereum pulled back a bit Monday, as it looks like we are going back and forth and trying to figure out where we are going to go next.
  • Looking at this chart, it would not be a huge surprise to see if we break down below the $1500 level.
  • It’s likely that we could go to the 50-day EMA, which is just above the $1200 level.

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