Ethereum fit test $4,300 as e dey consolidate near $4,360
Dis Ethereum price prediction for September 1 show say e go drop by 1.34%, wit ETH dey trade near $4,394. Technical analysis for di hourly chart talk say if Ethereum close at or below di $4,360 support level, e get chance say e go test di $4,300 zone again by tomorrow. Di volume wey dey fall show say no be bullish or bearish momentum dey ground, e mean say price fit just waka side by side around di current levels. For mid-term, di bulls need make dem break go pass di main $5,000 resistance if dem want continue di upward trend. Traders suppose watch di volume and support levels for $4,360 and $4,300, and resistance at $5,000 for better signals wey dem fit take action on.
Bearish
Ethereum no fit hold di $4,360 support and e drop 1.34% for low volume show say short-term momentum dey weak. Di chance to test $4,300 again dey, e resemble past time wey support break mean say price go fall more before e stabilis. Nobody wey dey carry power for bulls or bears side, plus volume dey reduce, so we fit expect sideways or downward movement. Only if e for clear breakout pass $5,000, e go change dis view. Traders suppose don ready for short-term weakness and dey watch key levels for signs say bulls go gather power again.