In today’s technical analysis on the Ethereum price, we discuss several factors affecting the price. Firstly there is the important $360 level which must hold. Next we remind you that we are in a very bullish trend which has not yet shown any strong signs of correcting. We also take a look at Ethereum transactions and daily active addresses to see if they correlate with price. CRYPTOCURRENCY AND BITCOIN VISA DEBIT CARD - GET $50 FREE ON ► CRYPTO.COM https://platinum.crypto.com/r/ab *Code is AB Get $10 Bitcoin bonus for trading $100 and more at Binance till September 19, 2020. ► https://www.binance.com/en/register?ref=UAMKZ47P *Code is UAMKZ47P TRADE ON AAX, WORLD'S FIRST CRYPTO EXCHANGE POWERED BY LSEG TECHNOLOGY ► AAX EXCHANGE https://www.aax.com/invite?inviteCode=zpqm9Fn03yVG CRYPTOCURRENCY MARKET PRICES AND DATA ► COINGECKO https://www.coingecko.com/en TRADE BARCELONA FC, JUVENTUS AND UFC TOKENS ON CHILIZ EXCHANGE ► https://www.chiliz.net/register/FZAkA1 *Code is FZAkA1 ? NOTE If you use the above referral links, we receive a commission at no additional cost to you. ? TOP CRYPTO NEWS - https://www.altcoinbuzz.io ? FREE NEWSLETTER - http://eepurl.com/dnIEz1 ? TWITTER - https://twitter.com/Altcoinbuzzio ? FACEBOOK - https://www.facebook.com/altcoinbuzzio ? TELEGRAM - https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA Sources: https://www.tradingview.com/chart/j8KJtkg4/ https://cointelegraph.com/news/cointelegraph-consulting-a-storm-is-brewing-for-ethereum https://app.santiment.net https://en.ethereumworldnews.com/ethereum-eth-could-lose-50-in-the-next-12-months-crypto-analyst/ https://twitter.com/nsquaredcrypto/status/1296813038134341632/photo/3 https://nairametrics.com/2020/08/19/ethereum-founder-sold-his-eth-for-700/ https://www.reddit.com/r/ethtrader/comments/8u3lpv/what_is_your_opinion_on_using_the_metcalfes_law/ https://medium.com/@jacobfranek/valuing-bitcoin-and-ethereum-with-metcalfes-law-aaa743f469f6 Timestamps ⏰ 1:35 Critical Ethereum level 3:00 Scary week 4:55 Hedging my bets 5:30 Bearish short term 5:50 Descending wedge 6:25 Parallel channel 8:35 This would suck 8:56 News super bearish 10:20 Miners balance drop 12:40 Next Major Support13:20 ETH could drop 50%? 16:13 Metcalfe’s law Disclaimer: The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.