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ETH/USD Forecast: Ethereum Still Waits for Momentum and Bitcoin
Ethereum initially rallied during the session here, but continues to see questions asked of it, as the Bitcoin market isn’t strong either. At this point, we could be seeing a bit of accumulation. With that being the case, I look at this as a market that is possibly in an accumulation phase. We'll just have to see, and it will, of course, follow Bitcoin. It almost always does. We are in an area above 2,700 that I think is prime real estate for some type of consolidation, but I also recognize that there are a lot of questions about whether or not risk appetite will pick up again. We have seen almost a 50% drop from ... (full story)
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