Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 30 December
ETH/USD buying the dips after Elliott Wave double three
In this article we’re going to take a quick look at the Elliott Wave charts of Ethereum ETHUSD published in members area of the website. As our members know ETHUSD has given us nice bullish trading setup recently. We got a pull back that has ended at the Blue Box zone,our buying area. In the further text we are going to explain the Elliott Wave Forecast and trading setup.
US Bitcoin reserve adoption faces doubts
Experts remain skeptical about the US adopting Bitcoin as a financial reserve, citing political and economic hurdles despite bold predictions from advocates.
The crypto market teeters on the brink of correction
The cryptocurrency market has lost 1.4% in the last 24 hours, falling to $3.29 trillion. Over the past 10 days, the market has mostly stayed in the $3.3-3.4 trillion range, pulling back to late November levels where positions were also shaken out. Here is the classic 61.8% retracement level from the early November rally to the mid-December high.
Author
FXStreet Team
FXStreet
Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
