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ETH/USD: Testing Support Levels
The Ethereum market has plunged a bit during the trading session on Thursday to take back most of the gains from Wednesday. At this point, I think we have two sets of traders out here. You have short-term traders that will continue to favor the downside and perhaps even go back and forth in a short-term range between $1,800 and $2,000. There are longer term traders out there that look at this and assume that given enough time, they will see gains. After all, Ethereum has dropped a pretty significant amount. And in fact, you could even take a tool and measure the move to the downside, and it has lost about 60%, so ... (full story)
