Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
I strongly believe in that ETH will really bounce back. What happen to the price today is part of it's trend. ETH is seeing a bounce following very high volume sell of against both the US Dollar and Bitcoin. This pattern could be capitulation which has the potential to signal a meaningful bottom and possibly a new bull trend.The cryptocurrencys trend especially ETH is uncertain, emphasized Pearlstone.