ETH is currently at the strong support zone of $355 to $385.
If this support breaks, the next support zone is between $275 and $300.
As the RSI is oversold, we expect a relief rally that can reach the downtrend line. Once above this, a move to the 20-day EMA is possible.
We should watch for a couple of days before suggesting any long-term positions....
As the Eastern Holidays are over we should see an uptrend soon. Same thing as back in December.
Yeah hope so it will be happen!
Ethereum co-creator Steven Nerayoff says the cryptocurrencys value could triple in 2018. He says increased projects built on the cryptocurrency could trigger a flippening in 2018, in which ethereum overtakes bitcoin.
Youre seeing a tremendous amount of growth across a wide variety of industries.
Ethereum is fast emerging as a major cryptocurrency...in the calendar year 2017, it is risen by about 3600%. This is one of the main reasons why most of the investors are also looking at Ethereum as a long-term investment bet.