Ethereum Price Analysis, December 26

in #ethereum7 years ago

In spite of the fact that we anticipated that Ethereum would discover bolster at the $500 check, the solid pullback shocked us. Since the previous three days, the cryptographic money is endeavoring to continue its uptrend.

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It has broken out of the 61.8 percent Fibonacci retracement of the current fall. There is a minor protection at $787.89, above which a retest of the highs is conceivable.

Our bullish view will be refuted if the ETH/USD combine falls and supports beneath $650.

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