Ethereum (ETH) Price Analysis: 3/21/2016

Ethereum (ETH) Price Analysis: 3/21/2016

What needs to happen for the downward Ethereum trend to continue? What awaits Ethereum’s price? The ETH/USD market failed to choose a specific direction during the weekend. After the downward trend stopped, the price started forming a recoil. Just like with Bitcoin, the sellers have started closing their deals for profit. The continuation of the downward trend depends on the level of $9.7, which Ethereum’s price has bounced off repeatedly, displaying the importance of that resistance. That’s why if the ETH/USD fortifies at that level, there will be a possibility of a downward movement with....

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