$ETH Price Prediction 05/08/2022
Ethereum / U.S. dollar BITSTAMP:ETHUSD
Rejection at lower short-term support (blue) to send us to 2500 critical; expect a hold here with recovery to either 2600, lower support or lower resistance.
There’s a chance we could form into another triangular pattern off lower support and not even make it back into the short-term trend.
Make sure to trade cautiously and TP as necessary.
It’s also possible that we see an alt rally while major coins decline.
I sold a few holds yesterday but plan to buy back in if momentum picks up.
