This Textbook Signal Predicts Ethereum Has Room to Drop After 35% Correction
Ethereum has faced a strong correction over the past few days that easily overshadows Bitcoin’s move. From the local highs near $490 to the local lows, the cryptocurrency fell by over 35%, shocking most investors as they were bullish just days before.
ETH has already bounced since falling as low as $315, undergoing a rapid 14% rally to $360 on Sunday morning.
While key supports in the low-$300s…