ETHW Price had been continuously falling with the lower lows, bearish candle formation and did not show any signs of trend reversal.
MACD had generated a negative crossover whereas RSI at 29 oversold zone
Ethereum Pow price has been trading with mild bearish cues, while the bulls are struggling a lot to defend its recent lows at $2.821. As per coinglass, in the last 12 hours Long and short ratio stood at 0.93 which indicates sellers dominance are more as compared to buyers and price may stay bearish in coming days. Currently, ETHW/USDT is trading at $2.9549 with the intraday loss of 0.88% and 24 hour volume to market ratio 0.0353
Will the ETHW be able to attract buyers at lower levels ?
Source : ETHW/USDT daily chart by Tradingview
On a higher timeframe, ETHW has been in a strong downtrend and bears are continuously dominating on higher levels. In the mid of September, Buyers showed some strong bullish momentum and attempted to reverse the positional trend but unfortunately it res
We współpracy z: https://www.thecoinrepublic.com/2022/12/21/ethereum-pow-price-analysis-will-the-ethw-trade-below-1-in-2023/
