As Coinspeaker analyst Azeez Mustapha says, Further increase in bearish pressure will make the demand zone of $114 as the target for Ethereum price. The loss of bearish momentum will make the coin to range towards $149 price level.
If we take a look on a long term trend of price change, we will see that trend line is bearish. Which means that Ethereums price is $129 now but there is still a big chance of going downward. On February 24 bulls could raise price at $161, but bear’s pressure made ethereums price declined to $149 soon and on March 2nd it was already $134. If this The tendency will be maintained it is predicted that price will go down to $114.
In this condition of price changes crypto traders often use MyCoins tool – automatic buy/sell. For example if there is prediction that price will go down to X, you can order to buy as much cryptocurrency as you wish if price will go down to X and MyCoins will do it for you.
If you would like to get to know more about automatic buy/sell function, go here: https://myc.ge/2ThiMr3