As reported by Biji Network, the cryptocurrency market saw a downturn in October, with prices falling unexpectedly. The market's performance in November remains uncertain, with many wondering if Ethereum will reach $10,000 as predicted. Technical analysis suggests a potential reversal near the 0.01759 level, forming a bullish morning star pattern. On the weekly chart, ETH/USD is near a key support level and 2021's high, with RSI resetting and all moving averages above the price, indicating a potential upward trend. On the daily chart, the price has risen over 300% in four months, with RSI accumulating strength. However, a recent attempt to break the $3,650 resistance failed, and the MA is still in a downward trend. Bulls need to act quickly for a positive close in November.
ETH/USD Near Bottom: Will It Drop in November?
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