On this Episode of Flipside of Crypto we cover:
- Infighting between different smart contract project communities: Cardano (ADA), Polkadot(POL) and Ethereum (ETH).
- Ethereum news
- Ethereum price prediction
Joe Damiens – Technical Analysis:
Most Likely Scenario: Bullish
- 61.80% Fibonacci Retracement at $1,535 USDT level.
- Expanding Wedge Pattern.
- Support at $1,570 USDT level.
- Resistance at $1,873 USDT level.
Least Likely Scenario: Bearish
- Possible Retracement to $1,570 USDT level.
- If the price breaks and closes below the $1,315 USDT level, our bullish scenario will be invalid.
- Possible double top formation.