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Then, it fell back down to $3,000 where it is hanging out now. Will this coin keep its current level or fall back down below the $3K line and hurt its public image?
Broker | Review | Regulators | Min Deposit | Website | |
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🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> | |
🥈 | Read Review | FMA, FSA | USD 50 | Visit Broker >> | |
🥉 | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> | |
4 | Read Review | CySEC, MISA, FSCA | USD 5 | Visit Broker >> | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> | |
6 | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker >> | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker >> |
This is a psychologically important level, and when Ethereum drops below there and stays there, it hurts the token’s ability to pull in more investors. We have actually seen Ethereum fluctuate around that level today, struggling to keep its head above water, so to speak.
The coin is neither bearish nor bullish, which means it could plummet quickly or it could take off and surge upward. It looks like Ethereum is looking for an instigating incident- something to set it off, though it is on the decline at the moment.
ETH has little hold on the $3,000 level right now, and that is dangerous for investors who are holding onto ETH coins. The crypto market is in an uncertain place right now, and there is little guarantee of short term gains.
We would recommend buying Ethereum when it dips. It is down right now, but it has the potential to drop much lower over the next couple of days. If it does fall significantly below the $3,000 line, we recommend buying up the tokens, because they are very probably going to go much higher in the next month or so.
We do not expect Ethereum to drop off substantially in the near future. It has proven too stable for that, and we anticipate some gains above the $3,000 level in the next week or two. Ethereum is a proven coin with a lot of resilience, and even if inflation continues to rise, Ethereum should still be able to hold on to many of its investors and most of its value.
Broker | Website | |
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🥇 | Visit Broker >> | |
🥈 | Visit Broker >> | |
🥉 | Visit Broker >> | |
4 | Visit Broker >> | |
5 | Visit Broker >> | |
6 | Visit Broker >> | |
7 | Visit Broker >> |
Broker | Min Deposit | Website | |
---|---|---|---|
🥇 | USD 100 | Visit Broker >> | |
🥈 | USD 10 | Visit Broker >> | |
🥉 | USD 5 | Visit Broker >> | |
4 | USD 5 | Visit Broker >> |