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Reason to trust ๐ง NewsBTC: Strict editorial policy ๐, industry expert creation, and high standards in publishing. โ
Ethereum (ETH) tried to break its downtrend, hinting at a rally. However, it struggles to maintain $1,600 as support ๐.
Analyst Ted Oreil noted ETH’s resistance breakout. Analyst Carl Runefelt suggested ETH could “become parabolic” if it holds. Is the ETH bottom near? ๐ค
post url: https://altcoin.observer/ethereum-is-trying-to-escape-the-trend-can-he-contain-1600/
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