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Breaking News: Jane Street Faces New Lawsuit: Trump Media Calls For Federal Investigation

Ethereum Analysis January 1, 2018

newsbtc
newsbtc
Last Updated: June 11, 2024 9:14 pm
1 min read
ethbtc

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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

ETH/USD

Ethereum continues to be very noisy, but quite frankly at this time of year it’s very difficult to get a significant move. There’s little in the way of volume, so I think that the price action can’t be taken too seriously. The $600 level below should be a bit of a “floor”, just as the $775 level is the “ceiling.” I look at buying pullbacks as the best way to trade this market.

 

ETH/BTC

Ethereum rallied a bit during the trading session on Friday, and it looks as if we are going to continue to go higher, but we need to clear the 0.0525 level to continue the uptrend. In this thin trading environment though, I suspect we will probably pull back in drop just a bit before buying pressure returns.

Thinks watching, see you next time.

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Comments 1

  1. Marco says:
    8 years ago

    May be there is a mistake? Graphics and analisis looks like took info from december 2017

    Reply

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Comments 1

  1. Marco says:
    8 years ago

    May be there is a mistake? Graphics and analisis looks like took info from december 2017

    Reply

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