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  1. #11
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    ETH/USD PRICE FORECAST JANUARY 10, 2018, TECHNICAL ANALYSIS

    Briefly, Ethereum had fallen to number 3 in the crypto currency world based upon value. However, we have seen the market take over the number 2 level again, as the resiliency continues to prove itself. The market now seems to be knocking on the door of the $1250 level, which being broken to the upside should send this market much higher. At that point, I would anticipate a move to the $1300 level initially, and then longer-term I would look for the $1500 level. In the meantime, I think short-term pullbacks are buying opportunities as we build up the momentum necessary to break out. I think that the $1000 level underneath is probably the “floor” in the market, so therefore it’s not until we break down below that level that I would be concerned with Ethereum overall.


    Last edited by Steve nison; 01-10-2018 at 03:58 PM. Reason: 3rd party link

 

 

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