#Breakingnews #Altcoingazette #Editorinchief #Survives #Covid19!

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Published: 22 August 2022 22 August 2022

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Hi, Readers of the Altcoingazette.com, as you know about three
weeks ago I contracted Covid-19. I was very ill with such. However, I 
worked with a Super Great Medical team and along with all of
your thoughts and prayers I just tested negative for Covid-19.
Thank you for all of your support!

My medical team gave me some Great meds and supplements to take
and it worked very well! Thanks again!

#BreakingNews #Ethereum #ETHUSD Plunges 21% In Last 7 Days, Drops Below $1,600

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Published: 21 August 2022 21 August 2022

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Ethereum (ETH) is down 20% in the last week and triggering a negative sentiment in the market.

•         Ethereum stalls and fails to make a comeback in the last week
•         ETH flunks at reclaiming $2,000 level
•         Ethereum RSI indicates a bearish stance

Additionally, Ethereum also didn’t make it to the $2,000 mark. The bears are trying to yank ETH price down and pin down the bulls.

Only the daily chart, there is a formation of a rising wedge pattern indicating that a bearish movement could drag on. The bulls are looking to stave off a decline shooting below the $1,700-$1,800 levels.

RSI for Ethereum has also retrograded below the baseline implying that the bears are now on top of the market.

According to CoinMarketCap, Ethereum is down 21% and trading at $1,571.25 as of this writing.

If ETH/USD pair continues to plunge, the next support is now clustered at the $1520-$1570 range.  This new support line is the result of the convergence between 50-day moving average line and the 100-day moving average.

Now, if this level breaks, a bear structure may form, that can send Ethereum dropping to $1,280. To sustain the bullish momentum, the bulls will have to maintain its price above $1,700.

Ethereum has triggered a massive selling pressure as it heads south providing a knife-catching break. With Ethereum’s 21% decline, this proves to validate that the bears were able to breach the ascending wedge, an important signal for bears to penetrate the market.

Read Full Article here: https://www.newsbtc.com/news/ethereum-plunges-21-in-last-7-days/

 

#BreakingNow #Cryptocurrency #Ethereum #ETHUSD News Pending!

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Published: 21 August 2022 21 August 2022

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Readers, so we have some major Ethereum ETH ETHUSD news pending!

So I recently watched a Youtube video that chats about the Ethereum POW
vs POS process etc. I found this video informative so take a read on it
and tell us what you think! Here is the link for you: 
https://www.youtube.com/watch?v=1FLDwvr8frw 

I don't own any ETH at this time, however I am contemplating 
purchasing some going into this process\news etc...what do 
you Readers think?