Bitcoinist
2020-08-29 20:00:06

Why This Trader Thinks Ethereum Could Plunge 20% Despite $400 Break

Both Bitcoin and Ethereum have pushed higher after the local lows on Thursday. Both digital assets are up around 5% from those lows, with BTC pushing to $11,600 and ETH to $400. This move brings Ethereum, especially, above the pivotal $400 resistance. $400 is a technical level and a psychological level, with the last break above this level in mid-August triggering a 10% rally. One trader thinks that ETH could plunge 20% in the near […]

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