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Ethereum Price Analysis: Is ETH About To Retrace After 66% 30-day Gains?

From coingape.com

Etherum has started to slow its pace a little as it sees a small 1.51% price increase over the past 24 hours of trading. The cryptocurrency had surged by a total of 66% over the past 30-days and is showing some signs of exhaustion. Nevertheless, we should always wait for the market to confirm that the bullish run is slowing down and this would require ETH to drop beneath $250 before it can be confirmed. Taking a look at the daily chart above, we can see that Ethereum was unable to break above the resistance at $271 that was outlined in our previous analysis. The cryptocurrency attempted to do so but failed on each ... (full story)

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