Ethereum Price (ETH and ETC) Trends (Week of January 23rd)

Ethereum Price (ETH and ETC) Trends (Week of January 23rd)

Ethereum is approaching the moment of the truth. The price has reached the most likely peak of the correction towards the downward movement which has started in June 2016. Ethereum. About two months ago, Ethereum price has reached its long-term key line near $5.8, which can be seen as the likely peak of the correction towards the long-term upward trend. At that moment, the continuation of that long-term upward trend became possible. Today, half of that scenario has already been fulfilled. Ethereum price is at a profitable zone for the bears. That is confirmed by a flat-like movement which....


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The price of Ether is undergoing a correction towards the upward trend. Ether is currently at a key resistance line, where volatility is usually most likely to grow. Ethereum. The price of ETH is at the peak of a medium-term rebound towards the upward trend from $5.8. Some bulls are placing buy orders at the projected peaks of the correction, at the sub waves, given that there is little chance for a proper rebound with the current powerful growth. That is why the price meets significant resistance at such points. As we can see, the price of Ether has stopped at that level and went flat.....

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