Ethereum’s native token, Ether (ETH), has ventured into oversold territory multiple times against Bitcoin (BTC) in recent months, but the altcoin has yet to show any signs of finding a price bottom. The trading situation is actually quite similar to a previous scenario, and ETH’s market structure suggests that it could repeat itself in Q2 to Q3 of this year.
Ether’s repeat breakdowns point to more downside
The relative strength index (RSI) on ETH’s 3-day timeframe remains below 30, a…
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