what is the price of ETH on August 15th in my opinion is $2,690 because the ETH decline has been significant and will likely retest to the 23.6% Fibonacci retracement
The Fibonacci scale in technical analysis refers to the use of the Fibonacci series to predict support and resistance levels. Based on the Fibonacci numbers (0, 23.6%, 38.2%, 50%, 61.8%, and 100%), this scale helps identify potential price turning points by analyzing market patterns and retracements.
