Ethereum Price Prediction Today (8-Nov): U.S Mid-Term Elections Causing Massive Manipulations In Ethereum

Ethereum Price Prediction Today (8-Nov): U.S Mid-Term Elections Causing Massive Manipulations In Ethereum

Alt coin
November 8, 2022 by keithhill530
220
[ad_1] U.S Mid-Term Elections Causing Massive Manipulations In Ethereum We see a lot of price volatility and rapid price movement happening in the Ethereum 15 minutes timeframe. These rapid movements are causing a lot of fakeouts and false patterns that go no way. The increase in volatility is caused by the U.S Mid-Term Elections currently
market-volatility.png

[ad_1]

U.S Mid-Term Elections Causing Massive Manipulations In Ethereum
U.S Mid-Term Elections Causing Massive Manipulations In Ethereum

We see a lot of price volatility and rapid price movement happening in the Ethereum 15 minutes timeframe. These rapid movements are causing a lot of fakeouts and false patterns that go no way.

The increase in volatility is caused by the U.S Mid-Term Elections currently going on today across the states.

How the results come out after this election might have a major effect on the crypto market as we might see a range of policy changes come into effect for the United States.

However, in this Ethereum analysis, I will be breaking down what the ETH bigger picture looks like and why we believe Ethereum has a lot of potentials to rally higher in the coming days.

To trade ETH with leverage, sign-up to Bybit right now! Bybit’s BIGGEST Bonus Campaign is now live! You can get up to a $4,380 Bonus and up to 30 days of 0% Maker fee when you sign-up and fund your Bybit account with our Bybit link

Claim up to $30,030 in Bonus

Ethereum Bigger Picture!

The bigger picture for Ethereum is still bullish for us. However, there is great way to be able to catch that trend and stay with it with all this massive whip saws in price currently being caused by the on going Elections.

So for now, we will be standing aside and waiting for this massive whip saw moves to die down. This way can get a better image of what the ETH traders are actually doing.

Final Verdict!

Ethereum is currently too volatile. This voalatility was casued by the ongoing Mid term Elections currently happening in the U.S.

Depending on how the election goes we might see a few policy changes that could easily boost the development, growth and aceptance of cryptocurrencies worldwide.

Claim up to $30,030 in Bonus

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:

★★★★★

★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

★★★★★

★★★★★

Rating: 89%

Claim up to $4100 in Bonus

★★★★★

★★★★★

Rating: 91%

Claim up to $7000 in Bonus



[ad_2]

Source link

Add a comment

You have not selected any currencies to display