ETHW crypto price breakout previous week high at $3.2148 and formed a strong bullish candle
ETHW price shot up 15% from the recent lows and forming higher high candles
EthereumPOW crypto price is trading with bullish cues and bulls were trying to hold the recent breakout level at $3.2148. As per coinglass, In the last 12 hours ETHW long and short ratio stood at 0.86 denotes the recent up move might be fake and prices may again reverse downwards but price action seem to be in the favor of bulls. Currently, ETHW/USDT is trading at $3.3607 with the intraday gains of 6.82% and 24 hour volume to market cap ratio stood at 0.078
Will the ETHW bulls be able to push the price above $4.000 ?
Source : ETHW/USDT daily chart by Tradingview
On a daily time frame, Ethereum PoW crypto price is in a downtrend and bears are continuously dominating on higher levels. In December, bulls once tried to reverse the trend by forming a strong bullish candle but unfortunately it resulted as a bull trap and
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