ETHEREUM - 7/24/2017 Price Update

in #ethereum7 years ago

My is this a beautiful chart! Ethereum continues its sideways movement out of the downwards channel begun in late June after failing to make new highs. While failing to significantly breach $231, the price has created higher lows in the process. This is a beautiful consolidation pattern at the moment and watch for a significant move in the next 12-24 hours (most likely to the upside).

If we can get sustained pop above $231 into the $253 level, begin to load up the truck because we will be resuming our bull run!

Please comment and keep the discussion going.

gdax-ethusd-Jul-24-2017-11-19-38.png

gdax-ethusd-Jul-24-2017-11-19-46.png

Sort:  

Please explain further. However, $253 is the next resistance level. My thinking is, if the price can reach and hold $253, that would be a good sign in my book.