Ether Price Analysis Decrease in Buy Volume Pushes Price Lower
Over the past week, ETH-USD markets have seen a steady bleed as prices have slumped lower and lower. Any buy-back volume the markets managed to see was gradually eroded as the overall trend headed downwardFigure 1 ETH-USD, 4HR Candles, Gemini, Descending TrendlineAs predicted in last weeks ETH-USD analysis, a failure to see any significant increase in buy volume led the market to see further tests of the Fibonacci Retracement values. At the time of this article, the market is rejecting the ne