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Ethereum: Continues to Grind Higher

From dailyforex.com

Ethereum rallied slightly during the trading session on Thursday, as it looks like we continue to see a lot of inflows when it comes into crypto. Ultimately, this is a market that every time is if you need to be a buyer of it, due to the fact that it has been so overwhelmingly bullish, right along with Bitcoin. That being the case, I’m paying close attention to the $700 level, because we can break above there, then I believe that Ethereum really could start to take off. Underneath, I see the 50-Day EMA as a potential support level, followed by the thousand dollars level. The $3000 level was a major psychological ... (full story)

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  • Category: Technical Analysis