Ethereum Price Trends (ETH and ETC, Week of Jan. 30)

Ethereum Price Trends (ETH and ETC, Week of Jan. 30)

Ether’s correction towards the upward trend is nearing its end. A fortification near $10.5 is indicative of the bulls’ strength. Will the growth continue? Ethereum. The key line at $10.5 has come into play several times already. In the beginning of January, that mark was profitable for the sellers. The price has formed a flat there, which was followed by a fall. After that, a period of growth came, as well as another rebound from the $10.5 mark. After an upward break through that resistance, the price of Ether has started fortifying beyond that level. The basis for all key levels is....

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Ethereum (ETH) Price Trends: 4/25/2016

Ethereum’s price has formed a flat. It may provoke a short-term trend when it leaves the corridor. Which direction will Ethereum choose? The downward trend on Ethereum’s market is not broken yet. The price is moving within a flat, preparing for another dash. If the downward trend is to continue, there will be a bounce off that point, but if the bulls hold the advantage, Ethereum’s price will start fortifying at that level. The change of trends is most likely to happen at the top limit of the trend, which is at the level of $8.4.