Ethereum is Well Above its Median Price - Bullish Outlook Remains Before Important Breakouts

Despite the bear market from Q1 2018, the price of Ethereum is still well above the median.

If we fit a regression line to it, the long-term upward trend remains unchanged.

I remain bullish on Ethereum as the cryptocurrency of choice for ICO projects.

Trend analysis of ETH

Source of data: CoinDesk

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