ETH/USD formed another bullish reversal candlestick on the daily chart. Buyers failed to defend the daily 12-EMA at $235.12.
Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to.
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Bitcoin hasn’t seen a lot of action today as the entire market is flat. Bulls managed to hold the daily 26-EMA but it could.