Ethereum, Polkadot, Tron Price Analysis: 6 November
The overall crypto market was in the red as the market dominators, Bitcoin and Ethereum, witnessed a slight pullback over the past day. Ether continued to project long-term bullish readings but gave mixed near-term signals.
Altcoins like Polkadot and Tron registered double-digit monthly gains but gave signs of easing bullish momentum in the near term.
Ethereum (ETH)
Source: TradingView, ETH/USDT
Over the past 40 days, Ether traversed in an uptrend between two parallel channels and noted a 25.42% monthly ROI. Consequently, the smart contract platform reached its ATH on 3 November at $4,665.87. Further, over the past three weeks, ETH bulls exerted sustained pressure as they disrupted multiple support lines while the bears looked at $4,357.64 for
Read more on ambcrypto.com
