Ethereum's recent run and what needs to happen next

in #ethereum6 years ago

I've mentioned several times how I have been bullish on Ethereum for some time and it is nice to see ETH finally getting some momentum upwards.

Eth.JPG

Ethereum's price is now approaching the top resistance range that must be taken down in order for it to establish another support level and continue into uncharted territory. As we can see in the image, ETH has initially been pushed back, but expect it to continue given the resistance already broken through and touch on 400$ in the near future. Ethereum is also now supported by the resistance just broken, so there is another support level now in place that will aid in its upward trajectory. Go ETH!!!

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